Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan warns of social engineering fraud and deepfake scams

The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan has warned citizens about the spread of fraud schemes based on social engineering. The agency said fraudsters often do not need to hack banking systems or gain technical access to a victim's device, instead using psychological manipulation to persuade people to transfer money themselves, disclose confirmation codes or reveal confidential information. The warning says these schemes typically exploit fear, urgency, trust or the promise of high returns. Common examples include calls from people posing as bank security staff, offers to participate in fake investment projects, messages purportedly from relatives requesting urgent transfers, and the use of artificial intelligence and deepfake technology to fake voices and video. To protect themselves, citizens are advised not to share confirmation codes, passwords or bank card details, not to transfer money on the instructions of strangers, to verify alarming information through official channels, to avoid making financial decisions under pressure, and to contact relatives or acquaintances directly before sending money at their request.