BankDhofar has lost RO 26,000 in card fraud

MUSCAT: BankDhofar has informed the Muscat Securities Market that its debit card systems are secure and have not been hacked. The statement said that over the weekend (May 29-30), there were some fraud cases on a limited number of debit cards with limited loss, which was estimated to be in the range of RO 26,000.

The bank’s anti-fraud solutions helped limit the extent of risk and necessary precautionary steps were taken, including reducing the withdrawal limits and blocking appropriate cards.

SOURCE: OMAN DAILY OBSERVER

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