According to Proofpoint’s latest research, the majority of financial institutions listed in the GCC are proactively implementing measures to block fraudulent emails from reaching customers. Proofpoint analysed the level of adoption of DMARC (Domain-based Message Authentication, Reporting and Conformance)Read More…
Kaspersky experts are warning against banking scams targeting people in the UAE. Cybercriminals have been increasingly posing as prominent banks, exploiting the element of fear in people and compelling them to divulge financial and personal information through various tactics.Read More…
The Cybersecurity Framework for Kuwaiti Banking Sector, released by Central Bank of Kuwait in February 2020, aims at establishing an integrated framework for improving cyber resilience. Based on the Framework, all local banks should engage an independent third-party firmRead More…
Mazen Dohaji, Vice President – iMETA, at LogRhythm discusses the need for the regional banks and financial institutions to simplify their processes with compliance automation as there is a growing requirement for detection and response to weaknesses in authorizations that could put banks, payment transfer systems and financial data at risk.Read More…
Spectrami joined hands with CipherTrace to offer CipherTrace’s cryptocurrency intelligence solutions for anti-money laundering, financial investigations, and virtual asset risk mitigations for banks and other financial institutions throughout the Middle East, North Africa and Turkey.Read More…
Last week, U.S. FBI had warned all the financial institutions that a large number of ATMs are being targeted by fraudsters to withdraw large sums of currency, as reported on Krebs on Security has reported. The confidential notice was reportedly shared with banks on Aug. 10. Read More…
