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UAE Cybersecurity Council: 60% of Financial Attacks Start with Stolen Credentials

UAE Cybersecurity Council: 60% of Financial Attacks Start with Stolen Credentials
The UAE Cybersecurity Council revealed that 60% of financial cyberattacks stem from stolen login credentials, emphasizing that safe digital practicessuch as enabling multi-factor authentication (MFA)—can reduce breach risk by up to 40%. The council urged users to activate instant transaction alerts, avoid accessing banking accounts on public devices, and consider biometric logins.

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