Safaricom terminated the employment of 33 individuals in the fiscal year ending March 2023 due to fraud-related offenses, marking a 37.5 percent increase from the 24 dismissals in the previous year. The telecommunications giant reported that most of the fraudulent attempts were aimed at SIM-swap services, which they countered through proactive monitoring and digital solutions.
Usain Bolt, a well-known Jamaican athlete, lost $9,998,000 in his own Stocks and Securities Limited (SSL) retirement account earlier this month. When Bolt’s team brought the issue to SSL’s attention, the business acknowledged that it has been looking into other issues. The business, however, asserts that prior to that time, it was unaware that Bolt
Earlier today, a man by the name of Farah Bashir, lost approximately 2.6 million Kenya shillings to SIM SWAP fraudsters. Farah Bashir was in Johannesburg for a work related trip when the hacking happened and he lost the money from his ABSA bank account on February 7th of 2022. The 58 year old medical lab scientist,
Identity thieves are looking for ways to use your personal information to run up charges in your name, steal medical account information, and even grab tax refunds. Consumers filed more than 1.4 million identity theft reports in 2020. That was about double the number of reports in 2019. Keep your guard up by heeding these