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Phishing Emails Spoof Australia's Cyber Security Center

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The Australian Cyber Security Center is warning that fraudsters have recently started sending phishing emails that spoof the agency and contain malware designed to steal banking credentials.
In an alert, the agency notes hackers posing as ACSC employees are sending emails requesting that recipients download antivirus software. When the victim clicks on a link, malicious code that can steal banking credentials is downloaded onto the compromised device.
The fraudsters also are using spoofed phone numbers to directly call the victims to ask them to download certain applications. The scammer then attempts to persuade recipients to take actions, such as enter a URL into a browser and access online banking services, which then compromises their computer to reveal banking information, the agency notes. ....

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UAE Central Bank to introduce Monetary Bills

UAE Central Bank to introduce Monetary Bills
21 Dec 2020
Business Bureau,
Gulf Today
The Central Bank of the UAE (CBUAE) announced on Monday that effective 11th January, 2021, a new securities issuance programme to licensed financial institutions and eligible investors, named Monetary Bills (M-bills) will be introduced. These securities will be auctioned and traded through Bloomberg’s primary and secondary market solutions and settled through a local platform, compliant with international standards, built and operated by Euroclear Bank.
The objective of the new issuance programme is to provide a holistic solution to manage liquidity within the UAE banking sector. The launch of the M-Bills, replacing the existing conventional certificates of deposit programme, represents another important milestone towards the implementation of the new Dirham Monetary Framework announced earlier this year. ....

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