Protecting the Nest Egg: How the CPF Safety Switch Halts Scammers in Their Tracks.

Singapore CPF Enhances Security "Trusted Contacts" and "Safety Switch" to Combat Scams

The Central Provident Fund Board (CPF), Singapore social security organization, has introduced robust security measures to protect citizens’ savings from an increasing wave of sophisticated scams and call-center syndicates.

The "Trusted Contacts" Feature

CPF members can now nominate up to two Trusted Contacts individuals such as close family members or trusted friends. These contacts will serve as a second line of defense: