The Central Bank of Kuwait (CBK) announced its participation in a joint awareness campaign with the Gulf Cooperation Council (GCC) countries’ central banks to combat financial cyber fraud. The campaign is scheduled to launch in October to coincide with Cybersecurity Awareness Month and is described as the first initiative of its kind among GCC central banks. The initiative is being run during the State of Kuwait’s presidency of the GCC Central Banks Governors Committee and is positioned as part of implementing the Joint Gulf Action Plan. Campaign content focuses on public awareness and financial literacy, including guidance on not sharing personal and financial data and warnings on phishing, social engineering, fake accounts and websites, fake investment advertisements, and the use of artificial intelligence technologies in phishing campaigns. Awareness materials will be disseminated through CBK’s social media accounts.
Central Bank of Kuwait 2025-10-02
Central Bank of Kuwait joins GCC central banks’ joint awareness campaign to combat financial cyber fraud
The Central Bank of Kuwait, leading the Gulf Cooperation Council Central Banks Governors Committee, announced a joint awareness campaign with GCC central banks to combat financial cyber fraud, launching in October for Cybersecurity Awareness Month. The initiative, part of the Joint Gulf Action Plan, will focus on public awareness and financial literacy, addressing issues like phishing, social engineering, and AI-driven fraud, with materials shared via CBK's social media.