In 2019, Binu Manaf, the CEO and managing director of Dubai’s Cheers Exhibition, received an alarming email in which he was told his company’s ongoing clients, or those with outstanding payments, were asked to pay into an overseas account instead of a local bank in Dubai. Unfortunately, a Russian client of the company had remitted over $50,000 into an overseas account before the damage could be undone, and it went down as one of Dubai’s most elaborate phishing attacks.

Source: Dark Reading: Cloud