The United Arab Emirates’ Cybersecurity Council has issued a stern advisory urging residents to exercise heightened caution when handling financial information online. According to the Council, banking and payment-related data remain prime targets for cybercriminals, who exploit such information to inflict significant economic damage.
The advisory highlighted that fraudsters are increasingly using indirect methods, such as identity theft, alongside direct attacks on bank accounts. In many cases, criminals first gain access to email accounts, social media profiles, or other personal platforms, subsequently harvesting financial information without the victim’s immediate awareness.
As part of its ongoing weekly awareness campaign, “Cyber Pulse,” the Council has recommended a set of simple yet effective precautions that can substantially reduce the risk of online fraud. Key guidance includes:
Exercising vigilance when sharing personal or financial information.
Avoiding storage of banking or payment details on mobile devices or personal computers.
Steering clear of suspicious emails, messages, or advertisements.
Council data indicate that approximately 60 per cent of cyberattacks begin with stolen login credentials, underscoring the critical importance of proactive security measures for all users.
The table below summarises the essential steps to safeguard financial information online:
| Cybersecurity Measure | Description |
|---|---|
| Login Credential Protection | Avoid saving passwords on unknown devices |
| Two-Factor Authentication (2FA) | Activate an additional layer of security |
| Software Updates | Install the latest security patches promptly |
| Avoid Suspicious Links | Refrain from clicking on unverified emails, messages, or ads |
| Bank Alerts | Enable instant notifications for unusual transactions |
| Caution on Public Wi-Fi | Avoid banking activities on public networks |
The Council further emphasised that maintaining strong, unique passwords, removing unnecessary applications, and storing sensitive data on secure devices are indispensable practices for online safety. Equally crucial is enabling immediate alerts for any unauthorised activity in bank accounts, allowing swift intervention.
Entering its second year, the “Cyber Pulse” initiative aims to enhance digital literacy among online users, promote secure behaviour, and establish a resilient cyber environment that can withstand evolving technological threats. By adhering to these guidelines, residents can significantly fortify their financial and personal information against cybercriminal exploitation.
