Kuwait Finance House (KFH) advises customers to stay cautious about a new phishing scam targeting their bank accounts and stealing their funds. KFH warning is part of its continuous support for Diraya campaign, which aims to promote banking awareness, in collaboration with the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA).

In its press release, KFH stated that the new form of online scam involves sending a message with a suspicious link tricking victims to click the link to visit a particular website or participate in a survey. Once they click the link, their devices will be hacked, enabling the hacker to access and exploit their personal data for harmful purposes.

KFH urged customers to stay vigilant and refrain from disclosing their personal information to requests received through e-mails, text messages, or phone calls, as they are attempts to obtain customers' banking information to steal their funds or data.

KFH advised customers to be careful when receiving links as these links could lead to theft of sensitive banking information. The bank also recommended that customers protect their bank accounts by avoiding the storage of confidential information, such as card numbers or passwords, on their mobile phones. Additionally, customers were urged not to share their OTP with anyone and to log out of the bank's application or website promptly after finishing a transaction.

KFH added that fraudsters can target anyone, regardless of age or social status. They employ various tactics, including enticing but fake offers, seemingly urgent bank warnings about account problems, suspicious online friend requests, or pleas for help over the phone, benefitting from technology, the launch of new product or services and major events to mislead individuals and steal their valuable information and funds.