The conference sought to discuss measures that would be adopted in the near future in a bid to fight cybercrime in Lebanon.
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Cybercrime in Lebanon more than doubled in 2015 as hackers find new ways to enter into bank accounts and illicitly transfer money into their own pockets, the head of the Special Investigation Commission warned Thursday. Speaking at a news conference on cybercrime at the Central Bank, Abdul Hafiz Mansour revealed that this phenomenon increased to 84 cases in 2015 from 51 in 2014, estimating the total value of these illegal practices at $12 million in the previous year alone. Mansour added that the Central Bank would be issuing a circular to advise banks on the necessary precautionary measures aimed at minimizing these crimes.The conference, which took place at the Central Bank, aimed at discussing measures that will be adopted in the near future in a bid to fight cybercrimes in Lebanon.Mansour said that among the actions that will be taken by the Central Bank are workshops in the first quarter of this year attended by bankers, academic and financial experts to discuss best practices to fight cybercrimes and issue recommendations for this purpose.
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