Chief executive, Mr Piyush Gupta said: 'We are sorry for what happened. We took numerous measures to minimise inconvenience caused by the temporary disruption in services.
'We have commenced a full scale investigation and I am treating this matter with utmost priority.'
Mr Gupta's comments come after Monday's massive network failure that knocked out more than 1,000 ATMs.
Irate customers could not access the bank's internet and mobile banking facilities, while payments made on DBS debit and credit cards could not be processed.
To cope with the situation, DBS made arrangements to deploy additional staff at branches and its call centre. Cheques were honoured and urgent cash withdrawals up to $500 were permitted.
Yes. An islandwide ATM disruptions to DBS-POSB machines.
DBS detected the problem at 3am and many residents discovered the failure in the early morning.
Internet and mobile banking were down too.
However, services were soon restored at 10 am while other systems including credit cards, NETS, AXS, Internet and mobile banking by lunchtime.
Additional manpower was deployed to branches and call centre to assist with customer queries as 'technical difficulties' caused the breakdown.
DBS assured customers that all funds were safe, and apologised again to customers for the inconvenience caused.
The above incident had rippled the country.
Just wondering how would Singaporeans react if really the incident below reported by The Star does happen in the island.
A tidal wave?
And, it's not the first time.
Sunday July 4, 2010 - Cops Suspect Inside Job At ATM Theft Bids, 4 Arrested
KUALA LUMPUR: When the alarm failed to trigger in two recent attempts to steal from two automated teller machines (ATM), the signs pointed to an inside job. Police zeroed in on a security firm and arrested four men well-versed in the security features of such machines yesterday.
The men had tried twice over Thursday and Friday to grab money from the ATMs in Kelana Jaya and Puchong but failed.
In both cases, the alarms were not triggered, causing police to be suspicious. Selangor police chief Deputy Commissioner Datuk Khalid Abu Bakar said the suspects, aged between 20 and 30, were familiar with the security features of the ATMs.
“That is probably why the security alarms on the premises and within the ATMs were not triggered. The suspects have been remanded for four days pending investigations,” he told a press conference in Dataran Ampang Point yesterday.
Sources revealed that police were also looking into similar unsolved cases in the Klang Valley to see if they matched the modus operandi of the latest failed thefts.
On Thursday, thieves tried to steal money from an ATM kiosk at a petrol station in Taman Tenaga, Jalan Puchong.
However, they fled when they saw policemen patrolling the area.
On Friday, a supermarket employee discovered a break-in at about 7am at a supermarket in Kelana Jaya.
The suspects had ripped through a dry wall to gain access to the ATM at about 4am before using a blowtorch to try to get to the money but aborted their plan and fled before the supermarket opened for business.
They were able to by-pass two security systems without triggering the alarm.