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Thursday, 5 November 2026
Markets

MyCERT Warns Fake BNM App Relays Bank Cards for Fraudulent Transactions

A MyCERT advisory warns that a fake central-bank security application combines scam calls, PIN theft and live NFC card relay to enable fraudulent transactions.

By TLA AI Editor3 min read

Malaysia, 5 November 2026 – The Malaysia Computer Emergency Response Team (MyCERT) has warned that a fraudulent Android application called “BNM Mobile Security” can relay contactless bank cards to criminals for unauthorised payments and cash withdrawals. Its advisory, dated 4 November, says the application impersonates Bank Negara Malaysia but is not distributed or endorsed by the central bank.

The warning matters to Malaysian businesses and regional investors following payment security because the scam combines institutional impersonation with misuse of a customer’s physical card. MyCERT describes a card-relay attack, not a confirmed intrusion into banks’ core systems. The advisory does not provide a victim count or aggregate loss figure, so the scale of financial damage cannot be established from it.

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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.