RIYADH: The majority of users in Saudi Arabia face phishing scams when using online banking or mobile wallet services, according to the Kaspersky Digital Payment survey.
It showed that 57 percent of respondents from Saudi Arabia faced pushing scams, while 46 percent have personally encountered fake websites, and 58 percent experienced scams via texts or calls.
“Whether we talk about the proliferation of phishing scams or mobile malware, it is important to establish some basic cybersecurity standards,” said Emad Haffar, head of technical experts, Middle East, Turkey and Africa at Kaspersky.
He said advanced security solutions, which are able to filter out most of the generic attack vectors, supplemented with other preventive measures, such as good cybersecurity awareness and regular password changes, can help to keep financial transactions secure.
Lately, the Saudi Central Bank has been accelerating its efforts in fighting fraud and scams in the financial sector.
Last Monday, SAMA launched the Joint Operations Center for banks to follow up and monitor cases of financial fraud, as part of its efforts to support the stability of the banking sector.