'Kill switch' can prevent scam victims from suffering hefty losses, says the cops

The kill switch would be introduced for customers to deactivate their bank account should they notice something peculiar.

KUALA LUMPUR: The"kill switch" initiative announced by Prime Minister Datuk Seri Anwar Ibrahim, who is also the Finance Minister, when tabling the Budget 2023 recently can prevent victims of scams from suffering hefty losses, says the police.

"The Kill Switch initiative will be introduced by Bank Negara through which people can prevent scammers or any unauthorised parties from accessing bank accounts of would-be victims and causing further outflow of funds. Noorsiah added that the police would also like to advise the people to be alert and careful when receiving link calls or telephone applications from unknown sources and they should not share their personal information or bank account details to anybody.

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