After the Saudi Central Bank’s statement about measures to confront financial fraud targeting bank customers’ accounts, Saudi banks have been active in broadcasting awareness messages warning against some methods of financial fraud. Some banks have even adopted competitions with financial prizes in the form of questions about financial fraud and how the supposed and safe behavior Client.
This scene is similar, if not identical, to what happened with fraud by enticement in forex, where the response came late and after the spread of forex advertisements and the number of victims. This loophole, i.e. the slow response by the concerned governmental authorities, “particularly poisonous” in these serious crimes, raises the question. It is assumed and expected that these authorities will be the first to sense the danger since its appearance.
And before it escalated and the circle of its victims expanded, and he was waiting for you to be the first to alert and warn before the wave of complaints escalated, losses swelled, and confidence waned.
With the slowness of this response, the scene is still in its parts, such as the dialogue of the deaf. The focus in the awareness messages from the Central Bank and the banks charges the user with advice and warnings because it is the weakest link as it is said, and in this saying is half the truth, as it is the weakest link that appears on the surface and does not know the conditions of the other episodes Strictly lurking in the shade! With the stream of awareness messages, there are questions generated by complaints published in the form of clips and tweets about cases that go beyond exploiting the user’s weakness and social engineering, which indicates the possibility of other loopholes, and the deaf dialogue appears in the failure to clearly answer the complaints of fraud victims or announce the results of an investigation in some of his cases. In detail to clarify the picture for everyone, and no one answers what people hesitate and circulate. How did a male or female fraudster know that you entered a bank’s website or just left its building, or submitted a complaint to an entity in a specific format, or submitted a specific request, which makes the weakest link more fragile?
The impersonation of landline numbers did not find a technical solution or perhaps an interest in searching for a solution, just like mobile messages, which have become a double-edged sword.
Talking about the importance of maintaining the confidentiality of personal data does not stop, but it is surprising that it stops at noting the importance and does not go beyond it to the pursuit of those who trade in data, even though data “trading” ads have been present for a long time. Have you ever read about the arrest of traders with personal data? Is there a mafia to collect and sell our personal data?