Lawmakers’ concerns
More than 20 MPs spoke on the motion, calling on Parliament to reaffirm its commitment to taking a whole-of-nation approach to maintaining trust by building an inclusive and secure digital society.
The motion was tabled by the Government Parliamentary Committee on Communications and Information (GPC) and included 13 specific demands on the government.
Members of both chambers expressed their concerns and made the following recommendations:
- Banks can do more to protect against and detect fraud
- The dangers of exploiting AI and preemptively responding to deepfakes
- Malware scams and what manufacturers can do
Labor MP Sylvia Lim (WP Aljunied) said banks appeared to be taking further steps to prevent fraud and stop ongoing fraud, but said they had healthy profits and resources to do more. Stated.
“I don’t want to overstate the situation, but I would say that without strong intervention from government regulators, we are heading towards a crisis of confidence in digital banking,” he added, adding that customers also have a role to play. He pointed out that there is.
Ms Honey Saw (PAP-Marsiling U.T.) said that when banks expect individual customers to “fend for themselves”, they are preventing those individuals from actively participating in the digital world. He stressed that preventing fraud should be a collective responsibility.
“Banks can and will do more to keep accounts safe and prevent potential fraud, including implementing better anti-phishing solutions, improving authenticity verification, and being extra vigilant against anomalous transactions. You should.”
Referring to Lee’s deepfake video, Tan Wu Meng (PAP-Jurong) pointed out that as technology advances, deepfakes will become more authentic.
He added that governments should consider ways to digitally watermark content and help individuals verify that content is authentic and human.
“The problem of deepfakes will be a serious problem for democracies around the world, because if we can no longer easily discern what is real and what is not, it will be difficult for democracies to even function. Because it’s impossible.”