Dubai: The Economic Security Centre of Dubai (ESCD) on Monday launched a national awareness campaign to combat economic fraud under the slogan "Strong Economy... An Aware Society". The initiative aims to empower individuals, businesses, and institutions with the knowledge, tools, and vigilance needed to counter the rapidly evolving threat of economic fraud in an increasingly digital world.
According to Emirates News Agency, as fraudulent tactics grow more sophisticated through the use of artificial intelligence, deepfake technology, and deceptive online schemes, the campaign positions public awareness as the first and most effective line of defense in safeguarding the UAE's economic achievements and maintaining global confidence in Dubai's business environment.
The campaign sheds light on some of the most prevalent and dangerous fraudulent practices currently targeting individuals and companies. These include misleading commercial advertisements, deepfake manipulation, risks associated with buying and selling on online platforms, theft of bank card information through fake links, email and SMS phishing attacks, fraudulent investment schemes that promise unrealistic returns, manipulation in cryptocurrency and financial markets, and deceptive business deals and partnerships.
Faisal bin Sulaitin, CEO of the Economic Security Centre of Dubai, emphasized the urgency of collective action, stating that economic fraud is no longer traditional or predictable. It has become highly sophisticated, constantly evolving, and capable of exploiting the latest technologies to deceive even the most cautious individuals and organizations.
He added that at the Economic Security Centre of Dubai, they stand firmly at the forefront of this battle, with a strong resolve to protect society by equipping every citizen, resident, and business with the knowledge, tools, and confidence needed to confront these emerging challenges. The belief is that economic protection is a shared national responsibility and staying aware, informed, and united as a society is vital to ensuring the economy remains strong and sustainable.
With this campaign, the Economic Security Centre of Dubai reaffirms the emirate's global reputation as a secure, future-ready financial hub where sustained economic growth is underpinned by an informed and vigilant society.