, Singapore
195 views
/Pixabay

MSIG S’pore launches anti-scam fix

The initiative is set to commence integration next month.

Insurer MSIG has joined forces with Dedoco and Embed Global to launch an anti-scam initiative in Singapore. The collaboration aims to address the rising threat of digital fraud, particularly phishing scams, with a new message verification platform called PingTM. 

As revealed in a 2023 report by the Singapore Police Force, scam cases have surged by 64.5% in the first half of the year. 

ALSO READ: MSIG bolsters EV coverage in Singapore

The initiative not only focuses on verifying and reporting malicious communications but also streamlining access to cyber insurance for local businesses. 

MSIG is the first insurer to deploy PingTM, integrating it across digital platforms for secure communication verification. 

The initiative is set to commence integration in December 2023, providing an end-to-end cyber protection cover for SME clients.

 

Follow the links for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Why embedded insurance is a must-have
An estimated 16% of Asian insurers’ revenues are now derived from embedded insurance.
To lead and to lag: APAC insurance’s conflicted AI journey in 2024
Whilst AI investments reached 23.93% of the total market, 41% of firms in Asia Pacific cling to outdated tech, hindering efficiency and scalability.
Insurance rides high on surge in Hong Kong travellers
CEO Jim Qin of Zurich Insurance cites a trend for extended vacations among Hongkongers in 2023, boosting travel insurance sales.