Deleting an Email Address From a Mail Account – The Potential Solution to a Malware ErrorAugust 18, 2021
Deleting an Email Address From a Mail Account – The Potential Solution to a Malware Error
The emal is basically an agreement between Iran and a group of countries in the Middle East, namely: Iraq, Kuwait, the United Arab Emirates, Qatar, Saudi Arabia, the United States, and Iran. It was established in the early 1990s to facilitate trade between these countries. Because of the low price of oil at that time, the countries involved were forced to reduce their tariffs on imported goods to encourage trade. That is why the emal has so much importance nowadays. It is used to buy American dollars in order to purchase Iraqi Dinar, which is the currency used in Iraq.
An emal is not a “foreign exchange” market, in the same way as an NYSE or NASDAQ is not a foreign exchange market. Instead it’s a “cross-currency” market, just like the NYSE works with different currencies from around the world. However, the major difference is that this market does not have over the counter transactions (OTC) and is instead done through a clearinghouse. Because of this, there are no US residents or businesses who can participate. It is a “forwards and backwards” market, where one country’s currency acts as an “oneway” for a recipient country’s currency. This means that if you send money from the United States to Iraq, the money will be converted into Iraqi Dinar (IQD) at the current exchange rate.
In order to make it easy for everyone to follow, emal participants use a special type of phone, called an “Email Verifier.” Anyone who sends a message to a designated place, with the appropriate password, will receive a response back confirming that the message did get sent. In theory, this prevents individuals from tampering with messages, or taking advantage of the system in any way. However, since this is still new technology, it is not currently possible to confirm receipt of messages sent from the United States to Iraq via an emal.
“Emal traders” have recently been introduced to the market, in an attempt to help keep prices down. They are typically middle men who purchase the Iraqi ducats and then resell them to investors. Scott Westerings of the Dubai Gold Market reported in mid-May that the price of the IQD had dropped significantly. He was quoted as saying that he had personally purchased between three and five thousand IQDs from the Dubai emal market in recent months, for a total value of approximately one hundred and fifty thousand Dubai rials. With prices in the region ranging between forty and sixty rials for a gold ounce, the cost of the stamps was roughly the same as about three American dollars.
In a separate development, the Federal Bureau of Investigation (FBI) issued a warning to all United States citizens, stating that “there is every possibility that an invalid US citizen’s email address has been used to open up internet accounts online, obtain bank accounts or purchase items on eBay.” The FBI warns that users are advised not to give out their real names, addresses or phone numbers when making payments online. If any US citizen contacts another user online, and uses a false name or address, the other user may be able to trace back the user name or address to an account in the FBI, which could result in additional charges against the wrong person. On the brighter side, the FBI states that it is “not aware of any cases in which an illegal entity has used an electronic transfer to defraud the United States government.” The agency added, “If you do receive communications that appear to be suspicious or threatening, report them immediately to a trusted colleague or law enforcement agency.”
This second potential solution to avoid being hit by a malware email, has the potential to be quite effective, however it has a few drawbacks as well. First of all, the problem will only affect emails sent from Gmail, Hotmail or Yahoo! mail. Secondly, the person who created the malware will know how to send emails from a valid address and will continue to send them after you delete the email address from your email client or computer. In other words, even if you attempt to delete the email, you will still be asked to enter a valid user name and password. However, this does allow you to delete emails sent to you via snail mail, which can be useful in certain circumstances.