Dubai's biggest bank warns over phishing email scam

Dubai’s biggest bank warns over phishing email scam

Published on Monday, 12 November , 2018 131 Views

Gulf News

#NBD

Dubai’s biggest bank has warned customers to beware of a new phishing email scam which claims to offer VAT refunds.

Emirates NBD warned that an email with the subject line VAT Refund Notification, claiming to be from the bank, should not be opened.

UAE, KSA, Kuwait to Enhance Bahrain Fiscal Stability

The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait…

“We urge you to be highly vigilant and always check the source before clicking on any links or attachments in e-mails,” the bank said on its website.

It added that Emirates NBD would never ask for personal details such as account number, online and mobile banking credentials, and debit or credit card details.

The warning was applauded by Jeff Ogden, general manager – Middle East at Mimecast, who said: “VAT refund scams are simple in nature but are a good indication of the frequency, variety and the regional specificity of email impersonation attacks.

“Although these initial attacks don’t appear to carry malware, stolen credentials or personal information can be used for follow-up attacks on all types of organisations. Consumer and employee awareness is important to help stop these cyber-attacks and it’s great to see Emirates NBD on the educational count-offensive with prompt warnings and videos on social media.”

Mimecast’s second-annual State of Email Security report revealed that more than 90 percent of global organisations reported the volume of phishing attacks have increased or stayed the same in past 12 months.

Mimecast is an international company specialising in cloud-based email management for Microsoft Exchange and Microsoft Office 365, including security, archiving, and continuity services to protect business mail.

Bahrain to Implement VAT in 2019

Bahrain will be the next country to implement five per cent value-added tax (VAT) after the UAE and…

Keywords: NBD
Category Gulf News, UAE | 2018/11/12 latest update at 2:32 AM
Source : Arabian Business | Photocredit : Google

132 Views
Comments Add comment

The editorial staff of Bahrain Today would like to give all of its readers from Gulf and Bahrain and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Bahrain Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Bahrain, the Gulf and the world.