Rate cut is a 'recalibration' of US Fed policy – Powell    Beko braces to export 60% from Egypt industrial complex    Egypt's El-Khatib seeks to boost renewable energy investment with UK companies    CBE participates in 'New Beginning for Human Development' initiative    Lebanon sees more remote detonations as citizens brace for worst-case scenario    Al-Mashat, AfDB Special Envoy discuss development cooperation for Egypt    China imposes sanctions on US arms suppliers to Taiwan    Instagram introduces Teen Accounts, with built-in protections, parental oversight    Basketball Africa League Future Pros returns for 2nd season    Al-Sisi, Blinken discuss Gaza ceasefire    Google wins EU legal battle over €1.5b fine    UK Inflation steady at 2.2% in August '24    Egypt's Environment Minister outlines progress on sustainability initiatives    US examines increased Chinese uranium imports    L'Oréal Egypt Hosts 9th Annual Skin and Hair Summit, Unveils New La Roche-Posay Anti-Pigmentation Serum    Al-Sisi calls for emulating Prophet Muhammad's manners at birth anniversary celebration    Culture Minister directs opening of "Islamic Pottery Museum" to the public on 15 October    Restoration project at Edfu Temple reveals original coloured inscriptions for first time    Egypt joins Africa's FEDA    Egypt's Culture Minister seeks input from Writers Union on national strategy    Egypt awards ZeroCarbon solid waste management contract in Gharbia    Egypt, UN partner on $14-m coral reef protection project    ADB approves $93.6m for Cambodia's rural utilities    Egypt condemns Ethiopia's unilateral approach to GERD filling in letter to UNSC    Egyptian pentathletes dominate world championships in Lithuania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Egyptian Olympic athletes champion local sportswear    Egypt's FM, Kenya's PM discuss strengthening bilateral ties, shared interests    Paris Olympics opening draws record viewers    Former Egyptian Intelligence Chief El-Tohamy Dies at 77    Who leads the economic portfolios in Egypt's new Cabinet?    Egypt's President assigns Madbouly to form new government    Financial literacy becomes extremely important – EGX official    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



More than half of Egypt's users encountered phishing attempts during electronic payments: Kaspersky
Published in Daily News Egypt on 28 - 07 - 2022

A survey conducted by Kaspersky on electronic payments showed that 57% of users in Egypt encountered phishing attempts when using online banking services or digital wallet services.
It also said that 54% of users encountered fake websites and 57% of phishing attempts occurred through text messages or phone calls using social engineering methods.
When asked about their awareness of the threats they may face when using digital payment methods, the majority of study participants reported being familiar with phishing attacks (87%) and online fraud attempts (89%), and 83% said they were familiar with malware banking software targeting computers and mobile phones. This type of malware steals money from users' bank accounts.
However, 92% of the respondents believed that banks and digital payment companies should work to raise users' awareness of online threats.
The list of security features consumers would like to see on existing banking apps and digital wallets include:
• Sending a one-time passcode (OTP) via SMS for each payment transaction (80%).
• Adopting biometric security features, such as facial recognition or fingerprint (53%).
• Requiring two-factor authentication (42%).
• Automated capabilities to detect fraudulent transactions and intervene to prevent them (63%).
• Comprehensive encryption (35%).
"Whether we are talking about the spread of phishing or mobile malware, it is important to establish some basic cybersecurity standards," said Imad Al-Haffar — Chief Technical Expert for Kaspersky Middle East, Turkey, and Africa.
"Backed by other preventative measures, such as a good awareness of digital security and regular password changes, it can help maintain the security of financial transactions made through digital channels."


Clic here to read the story from its source.