Losses from financial cybercrimes widened more than 13 times over three years to reach $12 million last year, according to the Central Bank's Special Investigation Commission (SIC). The losses totaled nearly $900,000 in 2013.
These represented the reported cases only and the actual figures could be much higher, said Abdul Hafiz Mansour, SIC's Secretary General. There were 84 reported cases of financial cybercrimes in 2015 compared with just eight in 2013.
Hackers are increasingly t...
Article details
These represented the reported cases only and the actual figures could be much higher, said Abdul Hafiz Mansour, SIC's Secretary General. There were 84 reported cases of financial cybercrimes in 2015 compared with just eight in 2013.
Hackers are increasingly t...
Article details
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