Kuwait: Banks Mull Freezing Amounts Transferred Via Hacked Links
Alrai, 14 March 2023: Kuwaiti banks have reported an increase in fraudulent activities, where customers’ accounts have been hacked using links which offer fake rewards or gain unauthorised access to Apple Pay.
Sources have disclosed banks are exploring the possibility of implementing additional protective measures, including new procedures for freezing funds transferred through hacked links to local bank accounts.
Criminals are deceiving individuals, including friends and family members, into transferring money to the hacked accounts.
The funds are then seized by the criminals.
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