Kaspersky findings revealed 90% of banking frauds in Bahrain occurred over the phone
- Date: 24-Oct-2020
- Source: Bizbahrain
- Sector:Financial Services
- Country:Bahrain
Kaspersky findings revealed 90% of banking frauds in Bahrain occurred over the phone
According to Kaspersky survey[1], nearly a quarter (23%) of people in Bahrain faced banking fraud at least once in the first half of 2020. In most of the cases (90%) of the banking fraud occurred via the phone, while the calls were received mainly during business hours: Monday to Thursday, from 11am to 6pm. More than half (54%) of people in Bahrain realized immediately that scammers were trying to contact them and (47%) grasped that they were being scammed only when they opened the link. Scammers targeted most of these people (73%) through their personal emails. Fraudsters are seriously preparing for such calls and are actively using social engineering methods. In 48% of cases, they mentioned the correct name and surname of the person whom they called and