The UAE’s Cyber Security Council said it had thwarted a set of “complex” cyber attacks on the country’s financial institutions. In a statement on Friday, the council said that by identifying and containing the cyber attacks, their impacts were brought “to a minimum.” The UAE did not point to the source of the cyber attacks, but the Islamic Republic has carried out extensive drone and missile attacks against this country in recent months. Recently, some Iranian banks were also targeted by cyber attacks. The UAE’s Cyber Security Council says that the recent attacks included attempts to target digital systems and technical infrastructure, carrying out advanced phishing campaigns, exploiting security vulnerabilities, and deploying malware. The report adds that cyber attackers are increasingly using artificial intelligence to design and carry out more complex attacks—a trend that indicates the ongoing evolution of global cyber threats against the financial sector.