Citing the Internet World Stats website, which monitors internet usage around the globe, Mario Camara has mentioned that better IT infrastructure available in the UAE may be the reason for this. In 2012, over 422,000 global bank customers have accessed financial services online.
Across the board, GCC residents’ internet use is growing at a faster pace than almost anywhere else in the world and the UAE accounts for a big part of that growth.
However, this can have its own drawbacks. According to security firm Kaspersky Lab, every fifth phishing attack registered between May 2012 and late April 2013 has targeted users of banks and other financial organisations.
Furthermore, results of a global survey conducted in spring 2013 by B2B International and Kaspersky Lab, indicate that about 37 per cent of all banks surveyed were affected by phishing attacks at least once over the previous 12 months.
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