HSBC unveils free Fraud & Cyber Awareness app in MENAT region

By Shilpa Annie Joseph, Official Reporter
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British multinational investment bank and financial services holding company HSBC has launched a new, free Fraud and Cyber Awareness app to help customers and non-customers protect themselves against cyberattacks.

The HSBC Fraud and Cyber Awareness app provides real-time warnings about emerging scams worldwide and can be downloaded from the Google Play and Apple App stores in Algeria, Bahrain, Egypt, Kuwait, Oman, Qatar, Turkey, and the UAE.

Mr. Collin Lobo, Chief Compliance Officer and Head of Financial Crime Compliance at HSBS MENAT, said that, “We’re making the HSBC Fraud and Cyber Awareness app freely available so everyone can benefit from our extensive expertise in cyber security and fraud prevention. Helping to educate people on how to safeguard their data can help them to stay one step ahead of the scammers.”

For HSBC customers, the app also includes information on how to report fraud or scams and provides contact details of the bank’s relevant departments. The app offers cyber awareness content for personal and business use, as per the statement.

“Using this app will help raise awareness of the importance of cybersecurity and how the scams used by fraudsters evolve. The best defense against cybercrime is to understand how scams work and how they can be prevented,” commented Mr. Bipin Mehta, Regional Head of Cybersecurity at HSBS MENAT.

The HSBC Fraud and Cyber Awareness app was initially launched in the UK and voted “Outstanding New Product” at the 2021 Tackling Economic Crime Awards (TECA).

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