scams

Cybersecurity

AI-powered scams are on the rise

Arnold Pinto 23/12/2024 0

Making fraud harder to spot As artificial intelligence (AI) technology advances, scammers increasingly use AI tools to create more convincing and harder-to-detect fraud. From deepfakes to personalised phishing attempts, AI is transforming the way criminals operate, making scams feel more real

NEWS DESK

Emirates NBD boosts public awareness efforts to educate consumers on rising scams as part of United Against Fraud Campaign  

News Desk 1 10/09/2024

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has announced further collaboration with Dubai Police and the Central Bank of the UAE to continue its efforts in raising awareness about rising scams and promoting safe banking practices as part of its #UnitedAgainstFraud campaign. Using a unique and […]

Cybersecurity Gitex

Chainalysis: Romance and address poisoning scams on the rise

News Desk 2 01/09/2024 0

As average lifespan of scams falls Cryptocurrency-related scams are surging in 2024, with billions of dollars flowing into fraudulent schemes, according to a new study by Chainalysis. The study by the New York, US-headquartered blockchain data company reveals that these scams are evolving, significantly shifting toward more targeted attacks. Chainalysis’ report

Business

Telecom Egypt’s new firewall slashes scam calls by 90%

Dan Ngiam 24/07/2024 0

After implementing Enea’s voice firewall Telecom Egypt has reported a drastic reduction in scam calls after implementing Enea’s advanced voice firewall. Since deploying this cutting-edge technology, the primary telecom operator in Egypt has successfully eliminated over 90% of incoming calls with spoofed caller IDs from its network. Caller ID spoofing, a prevalent method