UAE: Credit card details of many customers stolen

News Network
December 3, 2017

Dubai: The central bank in United Arab Emirates has asked financial institutions to cancel the credit cards of those customers whose detains have been reportedly stolen.

"Please note that these details have been compromised and thus, contact the persons mentioned in the enclosed list if they are your customers, and take the required action to cancel the relevant credit cards," said a circular sent by the UAE Central Bank to local and foreign banks and finance companies operating in the UAE.

According to sources credit card details of around 250 customers have been compromised. The central bank details showed that all the cardholders are based in Dubai. However, the issuing banks were not mentioned in the curricular.

The curricular - sent to banks on November 29, 2017 - contains credit card numbers, email addresses and mobile numbers of the affected customers.

A news paper reported that some UAE residents shared their harrowing stories on Reditt regarding card frauds they faced after transactions at shopping malls, petrol pumps and online stores.

Residents have been advised not to share credit card details and PIN numbers with petrol station attendants, shopping mall receptionists and anyone on the Internet - not even with relatives and friends. The banks advise their cardholders to change PIN numbers time and again for security reasons.

John Shier, senior security adviser, Sophos, said people should feel free to browse deals on their smartphones but be cautious of the wireless network they're connected to when shopping online.

"Only enter your credit card information when you're on a secure network that you trust. And remember the best way to keep your money safe is to use online payments system such as PayPal or your credit card. Where possible, avoid using debit cards to purchase gifts online," says Shier.

The simplest - and one of the most common - method employed by cybercriminals is that they take a popular online brand and change one letter or two to trick people into clicking and sharing personal information.

"Always check the spelling and be on the lookout for smart typo-squatting like the famous Tvvitter attack," adds Shier.

But if a customer has fallen a victim to a phishing attack, he must change the password immediately and contact the bank to see if there has been any fraudulent activity.

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News Network
April 25,2020

Riyadh, Apr 25: Saudi Arabia announced nine deaths and 1,197 new cases of the COVID-19 virus on Saturday.

Of these cases, 120 were recorded in Madinah, 364 in Makkah, 271 in Jeddah, 170 in Riyadh and 43 in Dammam.

The number of people who had recovered from the coronavirus in the Kingdom increased to 2,214 after 165 patients were reported to have recovered.

A total of 136 people have died of the disease in the Kingdom so far.

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Agencies
July 5,2020

Iraq’s deputy parliament speaker Hassan Karim al-Kaabi on Saturday described the move as provocative and in violation of international law.

Kaabi also called on the Iraqi government to take swift measures to halt such actions.

The Embassy’s move to fire in a residential area in the heart of Baghdad is an unacceptable act and another challenge for the Arab country, adding to the mass of its provocations and illegal actions in Iraq, he noted.

According to Iraqi media, the US tested a patriot missile system inside Baghdad’s heavily fortified Green Zone.

Anti-US sentiments have been running high in Iraq since Washington assassinated top Iranian commander Qassem Soleimani and the second-in-command of the Iraqi popular mobilization units, Abu Mahdi al-Muhandis, in January.

Following the attack, Iraqi lawmakers unanimously approved a bill on January 5, demanding the withdrawal of all foreign troops.

Baghdad and Washington are currently in talks over the withdrawal of American troops. Iraqi resistance groups have vowed to take up arms against US forces if Washington fails to comply with the parliamentary order.

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News Network
May 20,2020

Cairo, May 20: A senior Kuwaiti lawmaker has called for imposing a tax on expatriates’ remittances to shore up the country’s finances.

MP Khalil Al Saleh, the head of the parliament’s Human Resources Committee, has presented a draft law on the proposed tax to the legislature.

“Imposing fees on expatriates’ transfers will have a role in improving the state's revenues and diversify sources of income,” he told Al Rai newspaper.

Migrant workers transfer about 4.2 billion dinars annually from Kuwait, he added, citing figures from Kuwait’s Central Bank.

“This system is in effect in most countries of the world and in more than one Gulf country. Expats there have not objected to it. Allowing this money to exit the country is very dangerous and has a direct effect on economy,” MP Al Saleh said.

“We do not target brotherly expats because imposing symbolic fees on financial transfers will not affect their money, but will have a positive effect on the state’s sources,” he said. “This has become a necessity after the money transferred outside Kuwait has reached 4.2 billion dinars annually without the state [Kuwait] making any benefit from this.”

Foreign workers make up 3.3 million of Kuwait’s 4.6 million population.

Several Kuwaiti public figures have recently pushed for redrawing the demographic imbalance in the country, accusing expatriates of straining health facilities and increasing the Covid-19 threat.

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