Session Title | Cyber Fraud crimes in the age of covid 19

Cybersecurity is considered one of the most important priorities at the present time, as the whole world is connected through the Internet and various information systems, and the development has varied following the emergence of fifth-generation networks and artificial intelligence, which have brought about a great paradigm shift in the use of information technology, and as a result, many types of cyber threats have emerged. And there are many axes of cybersecurity in the comprehensive concept, as it is not limited to securing information systems and preparing tight software, as cybersecurity is represented in a set of axes, including combating cybercrime and attacks that occur on information systems. Perhaps the most important and most dangerous at all at the present time is cyber fraud that threatens electronic transactions Through the Internet, as the global crises have highlighted the importance of electronic dealings, whether in commercial transactions at the individual or institutional level, or bank transactions, and what they entail in transferring funds, using credit cards, electronic payment and other means of electronic fulfillment, which have become a target for perpetrators and fraudsters for a long time, as they have devised many means To defraud the victims and seize money They and their robbers of their bank card numbers and sensitive personal data, and despite the age of this crime and the multiplicity of its perpetration patterns, as well as the growing capabilities of its perpetrators, cyber threats have emerged in light of the Corona pandemic, in which the whole world has turned to digital transactions at the individual, institutional and private level in a significant increase in cyber fraud crimes. The Spanish police reported a decrease of nearly 50 percent in criminal offenses, while Sweden witnessed a decrease in robberies. Street drug sales decreased, while Austria witnessed a decrease in robbery and theft, with an increase in the percentage of electronic crimes. ”Especially Internet fraud, which has increased dramatically in European countries. The World Health Organization has been affected by a sharp increase in fraud in its name via e-mail to steal Money and sensitive information from users. The British National Crime Agency has detected many people seeking to buy medical supplies online and sending e-mails that defraud users with false medical support while in Germany cybercriminals have exploited people's fears about Covid-19 to send messages. They use malicious content to defraud the victims, ”Interpol issued a warning directed at the organizations that are at the forefront of the global confrontation with the spread of Covid-19 and have also become the target of attacks with ransomware, with the aim of isolating them from their basic systems in an attempt to extort money from them.
This predicts what will happen upon a complete digital transformation. Perhaps the policies pursued by the Gulf Cooperation Council countries aiming at digital transformation will direct us to study the risks and threats that will accompany the digital transformation, which will produce many types of cyber fraud and the consequent damage to the economic cyberinfrastructure, which requires studying and analyzing these risks and threats, understanding their dimensions, exploring their developments, and preparing a cyber strategy that can deal with these risks and threats in a way that deters them, as well as the flexibility to deal with them as a potential threat. In light of the multiplicity of cyber fraud methods between e-mail fraud and cyberbanking fraud in all its traditional and new patterns, we find ourselves facing a threat to trust in commercial and banking transactions in cyberspace, which is the mainstay of transactions in light of the impending digital transformation, so I decided to study and explore these risks, as well as develop a vision for a strategy The countries of the Gulf Cooperation Council can follow to face the potential and expected risks in light of the complete digital transformation in all aspects of life.