
InstaPay users warned of new phishing scam targeting bank accounts
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Instapay application Cybersecurity expert Mostafa Rahim has issued a stern warning over rising AI-powered phishing scams targeting users of financial applications, particularly Egypt’s digital payment platform InstaPay, alongside major banking channels.
Scammers are leveraging advanced artificial intelligence to craft convincing replicas of official bank websites and interfaces, Rahim explained during a televised interview on Sabah El-Balad.
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