The Saudi Banks Media and Awareness Committee has launched an awareness campaign tackling the latest fraud methods.
The initiative, "Not normal", aims to expose new methods of financial fraud that exploit technological and social advances.
The initiative focuses on the most common fraud methods, which include impersonating a bank employee, defrauding through anonymous calls and exploiting people by demanding their banking or personal information, and defrauding customers through fake online stores and phishing.
The initiative aims to expose fraud when investing in digital currencies with unknown people or companies.
It targets emotional fraud when people are exploited through a friend request on social media. People can also be deceived through lucrative job offers that sound too good to be true.
The committee warned people to be careful. It advised them against answering telephone calls from unknown numbers where the caller asks for bank details. People must be wary of fake ads and suspicious messages. They must ignore text messages and emails from unknown senders and delete them immediately.
It called on bank customers to protect their accounts and funds by strictly dealing with official authorities.
It stressed the importance of protecting their personal information, bank data and passwords and pin numbers. Moreover, customers must avoid accepting requests for assistance from strangers when using an ATM.
Customers were advised to check the credibility of online shopping websites and travelers were urged to change the password of their bank cards periodically, especially when returning from travel.
Computers must be protected with virus and malware protection programs.