Safeguarding Financial Assets: Understanding Bank Fraud Under UAE Cyber Law

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.
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