UAE Cyber Security Council Warns Stolen Logins Fuel Majority of Financial Cyberattacks

The UAE Cyber Security Council warns that approximately 60% of financial cyberattacks begin with compromised credentials and urges stronger digital habits to protect banking data, including multi-factor authentication, secure device and software practices, avoiding public Wi‑Fi for transactions, vigilance against phishing and fake ads, and proactive account monitoring with instant alerts to detect and respond quickly to suspected fraud.