Seven tips to avoid falling prey to fraudsters – The National

  • Date: 20-Aug-2022
  • Source: The National
  • Sector:Financial Markets
  • Country:UAE
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Seven tips to avoid falling prey to fraudsters – The National

Financial fraud is becoming increasingly commonplace globally as the digital transformation hastened by the Covid-19 pandemic has presented opportunities for cyber criminals.

The rise of online banking comes with many benefits, but also raises security concerns due to an increase in fraud cases.

Cyber criminals are succeeding in deceiving people and wiping out their life savings, either by pretending to call from their bank or by using malware.