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UAE Central Bank Tells FIs to Drop SMS, OTP Authentication
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UAE Central Bank Tells FIs to Drop SMS, OTP Authentication

Banking Sector Faces Challenges in Meeting March 2026 Compliance Deadline. The Central Bank of UAE has issued a directive asking financial institutions to eliminate weak authentication methods including SMS and email OTPs. Banks are also expected to implement real-time fraud monitoring and suspend sessions when malicious activity is detected.

First seen on govinfosecurity.com

Jump to article: www.govinfosecurity.com/uae-central-bank-tells-fis-to-drop-sms-otp-authentication-a-28589

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