Surge in Fake Investment Platforms Targeting Middle East Users
Kaspersky Sounds Alarm After Blocking 100,000+ Scams Across the UAE, Saudi Arabia, Qatar and Egypt Since 2024 Cybersecurity firm Kaspersky has issued a major regional warning as the Middle East faces a sharp rise in fake investment platforms designed to steal sensitive financial and personal information. The alert comes after Kaspersky successfully blocked over 100,000 scam attempts across the UAE, Saudi Arabia, Qatar, and Egypt since early 2024 — a number that continues to grow as online fraud becomes more sophisticated. The threats include fraudulent trading platforms, fake crypto investment sites, and impersonated brokerage apps, all using tactics such as … Continue reading Surge in Fake Investment Platforms Targeting Middle East Users
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