In the face of rapid technological advancements and the increasing digitalization of financial transactions, the threat of bank fraud has become a pressing concern worldwide, including in the United Arab Emirates. To address this growing challenge, the UAE has enacted Federal Decree-Law No. 34/2021, Concerning the Fight Against Rumors and Cybercrime. This legislation aims to combat various types of cybercrimes, including those targeting financial institutions, by exploiting Information Technology.
For more information visit us @ https://www.professionallawyer.me/legal-articles/criminal-law/safeguarding-financial-assets-understanding-bank-fraud-under-uae-cyber-law
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!