Hacker trying hard to steal your hard-earned money There have been several news reports about Singaporeans losing money to online hackers/scammers. SGD1.4 trillion has been lost to scams globally. Singapore victims lost the most on average. This is a risk we cannot ignore. I will talk about the habits and practices I adopt to reduce this hacking/scamming risk.

• Ensure smartphone settings are set to minimize security risk

The most dangerous device to be hacked in my possession is my smartphone. I guard my phone with the same level of security as I did for my rifle during National Service today. If you own an Android phone, this is the most important setting to avoid being hacked and losing money. Disable the "install unknown apps" option. It will prevent accidental installation of malware which allows scammers to gain access to your bank accounts....