Internet Banking Fraud Prevention: Financial Management Certification Dubai UAE : Arab Institute for Accountants & Legal (AIAL)

Accounting Certifications

Internet Banking Fraud Prevention

Phishing is the most frequently used method. At the beginning of July, Febelfin launched a YouTube video called ‘See how easily freaks can take over your life’ in which it draws the attention to the precautions for safe internet banking.

Most of the fraud cases have to do with phishing. Perpetrators of phishing first send a number of e-mails – as if those messages originate from the customer’s bank – asking the customer to put down a number of data, including his telephone number, on a website or in an enclosure. Then they will call the customer on the telephone, pretend to be a staff member of his bank and ask him to disclose the response code mentioned on the screen of the card reader. They will use this information for carrying out illicit money transfers from the customer’s account. Febelfin’s YouTube video should warn customers against the danger of sharing bank data even by telephone.

Certification Issued By:

IFIS logo International Financial Institution Society (IFIS - USA) IFIS is a global network of professional services organization providing Financial, Client Solutions, Assets Management and Accreditation services. We have 62,000 outstanding professionals working together to deliver value in 15 countries.

Membership By:

hacca logo HIGH AUTHORITY COUNCIL FOR CHARTERED ACCOUNTANTS (HACCA) HACCA is a world leading professional membership organisation that promotes, develops and supports chartered accountants worldwide. We provide qualifications and professional development, share our knowledge, insight and technical expertise, and protect the quality and integrity of the accountancy and finance profession.


You are qualified to take this certification if you have any of the below requirements:

  • Must have at least one year experience in related field
  • Bachelors or Masters Degree

Course Parts:

  • Online Banking Fraud Schemes
  • One Time Passwords
  • Hardware Tokens
  • Transaction Specific OTPs
  • OTP by SMS
  • Smart Cards and USB Tokens
  • Transaction Monitoring
  • Comparison
  • RiskShield Fraud Prevention

How to Register?

  • Register Online or
  • Fill-up the registration form and visit the Institute, with the following requirements then pay the necessary fees.
    • passport copy
    • 1 copy of passport size photo
    • eligible certificate copy

Download Course Details

Download full details of this course.