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Central Bank of Kuwait warns against phone and email scam

Kuwait, The Central Bank of Kuwait (CBK) warned customers against any formal or informal email, phone, or phone call requesting personal or financial information from them, such as account numbers or passwords, or credit card banking information, to avert potential fraudulent operation.

Last December (2018), The Kuwaiti monetary regulatory authority also directed banks to provide free SMS alerts to their customers and notify them through e-mails or other banking and smartphone applications.

The Central Bank aims to avert any potential risk to the accounts, to monitor the movement of accounts on a timely and efficient basis, in addition to providing a better protection for customers’ accounts in the light of technical developments.

Source: Bahrain News Agency