صحافة بلادي صحيفة إلكترونية مغاربية متجددة على مدار الساعة تعنى بشؤون المغرب الجزائر ليبيا موريتانيا تونس
Libya –Engineer Ahmed Al-Shuwaihdi, a cybersecurity specialist, confirmed that banking fraud operations in Libya are no longer just isolated individual attempts, but rather have turned into organized financial crimes that rely on advanced cyber tools and technologies that target customers before targeting banking systems.
Al-Shuwaihdi explained, in press statements, that most fraudulent operations begin throughmethods Social engineeringThrough fake text messages, fake links, and calls impersonating banks, in addition to fake websites that aim to steal users’ bank data.
He pointed out that these attacks are often behind organized criminal networks that exploit the weak digital awareness of some users, in addition to the rapid spread of electronic banking services, and the delay in monitoring and response procedures within some financial institutions.
He added that the most prominent vulnerabilities that fraudsters exploit are the sharing of verification codes, weak passwords, the use of unreliable links, as well as the absence of multi-factor authentication, and the delay in freezing suspicious accounts when unusual transactions are detected.
He stressed that gangs also resort to using intermediary accounts to transfer money quickly and hide their source, which makes it more difficult to track and recover the money.
On the other hand, the Libyan expert stressed the need to adopt advanced systems to monitor financial transfers and analyze abnormal behavior, while activating rapid response mechanisms when any fraud is suspected, considering that artificial intelligence has become a double-edged sword. It is used by fraudsters to produce more convincing fake messages and pages, but at the same time it represents an effective tool for banks in detecting suspicious activities and reducing electronic attacks.
Al-Shuwaihdi pointed out that the level of electronic protection varies from one bank to another in Libya, calling for building an integrated national system that includes continuous monitoring, periodic security tests, enhancing the management of identities and powers, developing specialized teams in cybersecurity, in addition to intensifying customer awareness campaigns.
He concluded by emphasizing that confronting banking fraud requires close cooperation between banks, security agencies, and cybersecurity experts, to ensure the protection of citizens’ funds and limit the escalation of this type of digital crime.
Source:“My press”
