KUWAIT CITY, Nov 7: As part of its ongoing efforts to promote financial and banking awareness across all sectors, under the umbrella of the “Let’s Be Aware” campaign launched by the Central Bank of Kuwait, in cooperation with the Kuwait Banking Association (KBA), National Bank of Kuwait (NBK) organized a session highlighting the latest forms of fraud among students of Kuwait Technical College (K-Tech).

During the session, NBK’s social media team presented the latest forms of fraud that students should be aware of, highlighting the importance of customer online safety and key steps to protecting yourself against scams . The team also advised students to be careful when dealing with suspicious emails, as email phishing is usually carried out using the logos of well-known organizations such as banks, telecommunications or large companies, so that the user cannot distinguish between real emails and suspicious emails. fake emails.

The team also shared key tips to follow when handling emails, including always verifying that the email sender is from a legitimate organization, as well as checking grammar and spelling of the email, as is the case with many phishing emails. are poorly written and, of course, would not be sent by an official and well-known organization. They also advise customers to be wary of links included in emails, always checking the source before clicking on these links.

Students were also advised to always question unexpected emails, messages or phone calls before sharing personal or financial information, as fraudsters typically use AI in communications to trick target victims into believe that they come from apparently local numbers.

They also stressed that the bank will never ask for personal information from customers through phone calls, warning them to answer such calls which are scams to obtain their banking information or sensitive information to steal their money.

The team also called for strengthening security with two-factor authentication (2FA) to add extra protection to online accounts, as well as always checking bank accounts for any suspicious transactions or activity.

Additionally, they urged students to stay informed about fraud tactics and continue to learn about the evolving methods used by fraudsters to deceive people and understand how to avoid them by following tips shared on digital channels of banking, particularly in view of the emergence of deep fake. scams, NBK is increasing awareness by sharing educational content on its social media platforms, as well as reposting communications from CBK.

The NBK team always seeks to promote financial and banking awareness among all sectors of society, including school and university students as well as senior citizens. He also wants to introduce new, innovative ways to improve the content of the “Let’s Be Aware” campaign and help educate the public on how to protect their banking accounts and information.

Such visits provide an opportunity to help students understand the types of fraud and new schemes used by fraudsters to deceive their victims. These sessions also help students make more secure financial decisions in the future, especially given rapid advancements in digital technology and banks’ reliance on advanced technology and artificial intelligence, requiring customers to use smartphones for the majority of their banking transactions.

As one of the region’s leading financial institutions, NBK firmly embraces its responsibilities to the communities it serves. It has also taken initiatives in providing all necessary support to important and strategic campaigns, which serve the interests of the national economy and society at large. In this context, the bank’s efforts in the fight against fraud and customer education are decisive in its strategy.

NBK uses its strong customer communications capabilities along with all of its industry-leading digital channels to maximize exposure of the “Let’s Be Aware” campaign objectives to the public.

Launched by the Central Bank of Kuwait, in cooperation with Kuwaiti banks and the Kuwait Banking Association (KBA), the “Let’s Be Aware” campaign is the largest campaign in the GCC region, focusing on banking and financial awareness among bank customers. The campaign covers a variety of crucial topics, including: anti-fraud tips, maximizing banking service benefits, promoting savings and investment culture, and other related topics.

It is worth mentioning that NBK is a key promoter and partner in all CBK campaigns and initiatives aimed at increasing financial and banking awareness across all sectors. As a leading financial institution in Kuwait, the bank frequently organizes various activities to raise awareness on all topics related to the banking sector.