Cybercrime on the Rise in Oman’s Banking Industry, Says Public Prosecution

The Public Prosecution in Oman has reported a significant surge in cybercrime cases in the country’s banking industry last year. According to statistics released by the prosecution, there was a notable increase in both online content-related crimes and financial card misuse.

2023 Statistics

• 140 cybercrime cases were recorded in the banking industry in 2023, compared to 126 in 2022.
• Online content-related crimes increased from 2519 cases in 2022 to 2686 cases in 2023.

Most Common Types of Cybercrime

• Misusing financial cards
• Attempting or assisting to commit information technology fraud
• Agreeing to do so

Decrease in Privacy and Confidentiality Violations

• There was a slight decrease from 162 cases in 2022 to 134 cases in 2023.

Concerns Among Financial Institutions and Regulatory Bodies

The rising trend of cybercrime in Oman’s banking industry has raised concerns among financial institutions and regulatory bodies. They are urging customers to be vigilant and take measures to protect themselves against these types of attacks.

Public Prosecution Campaigns

The Public Prosecution has launched several campaigns to raise awareness about the risks of cybercrime and the importance of online security.

Call for Greater Vigilance and Cooperation

The increasing number of cybercrime cases in Oman’s banking industry highlights the need for greater vigilance and cooperation between financial institutions, regulatory bodies, and law enforcement agencies to combat this growing threat.