Abu Dhabi Islamic Bank has identified five basic tips to reduce the chances of becoming a victim of financial fraud, which the customer must adhere to, including dealing with extreme caution with fraudulent e-mail messages, and deleting messages sent from unknown sources.
The bank stressed the importance of reviewing the accounts statements upon receipt, and avoiding the establishment of easy-to-guess passwords, indicating that the competent authorities in the country are working hard to combat financial fraud.
Account statements
In detail, Abu Dhabi Islamic Bank stressed that customers should monitor and review card statements and bank accounts as soon as they are received, make sure of payments and report any differences immediately, in addition to the need to take all precautions towards any company or person asking for the password or private identification code, Or any other sensitive information.
The head of the distribution networks for individuals in "Abu Dhabi Islamic", Sameh Awadallah, told "Emirates Today" that the bank is adopting a comprehensive awareness campaign to protect from financial fraud, because of its great risks, while spreading in a remarkable way at last.
Awadallah added that a study conducted by the Association of Certified Auditors to combat financial fraud, indicated that financial fraud costs companies around the world an estimated 5% of their annual returns, explaining that this means that the size of the potential global loss expected due to financial fraud reaches About $ 3.7 trillion.
Special procedures
Regarding the security procedures for Internet banking services, Awadallah stressed the importance of avoiding setting easy-to-guess passwords, such as name, date of birth, customer's phone numbers, etc., stressing the need to use a combination of upper and lower letters, in addition to The numbers, and never reveal anyone's password.
He pointed out that the competent authorities in the state are working hard to combat financial fraud methods, and they are pursuing those involved and limiting their spread, while also working to educate and educate community members, and uncover new methods of fraud.
Awadallah stated that Abu Dhabi Islamic Bank had previously launched a campaign with Abu Dhabi Police to educate the community about the risks of financial fraud.
He said that «to reinforce these efforts made, members of society must realize the responsibility that falls upon them, to avoid falling victim to these fraudulent operations, and they must also realize that the disclosure of the methods of these gangs and the immediate reporting of them to the competent authorities is a duty that they must perform without any hesitation, as The responsibility to eliminate this phenomenon is the responsibility of all parties. ”
Phishing
Awadallah pointed out that one of the most common cases of fraud currently prevails is phishing, which is a process through which Internet pirates try to obtain personal information and bank details of the customer, by sending fake e-mails, but they appear to be original and sent from financial centers or other parties. He added that these messages appear to be legal, as he is required to provide sensitive information such as (user identity, passwords, personal identification codes, card data, account numbers, etc.), by sending a link that leads to a fake website that enables cyber criminals to obtain Customer personal details, which are later used for financial fraud purposes.
Reduced opportunities for fraud
Awadallah identified five main tips to reduce the chances of becoming a victim of financial fraud, the customer must adhere to, including: Dealing with extreme caution with all fraudulent e-mail messages, even if the customer knows the sender’s name, in addition to deleting e-mail messages sent from sources other than Immediately known however important it may be.
He added that among the advice also, not to respond to unsolicited e-mail or SMS messages, as well as not to share account data or personal information, in addition to not opening or pressing any link attached to emails or SMS.
The 5 tips
Deal with extreme caution with phishing emails.
Delete messages sent from unknown sources.
Avoid responding to spam.
Not sharing account data or personal information.
Avoid clicking on any links attached to messages.