Libyan banks launch joint fraud-awareness campaign after phishing surge

Major Libyan commercial banks began a coordinated fraud-awareness campaign after a spike in phishing messages impersonating wallet and salary notifications. The initiative promotes two-factor authentication, masked support numbers and branch workshops for first-time mobile banking users.

Cybercrime units displayed takedown statistics for cloned Facebook shops that harvested COD customer data. Fintech startups said API partners must adopt mutual TLS and device binding before connecting to national switch trials.

Consumer groups urged clearer liability rules when SIM-swap scams drain accounts. WOP360 security desk will track whether regulators mandate breach disclosure timelines comparable to EU standards.