How to instill an anti-fraud culture?
Posted: Thu Dec 05, 2024 9:26 am
For people living in European and North American countries, it is difficult to understand what the African telecom market is. In developed economies, the telecom space is a saturated market, and although the profit margins are somewhat more compact, there are significantly more opportunities for business development due to the popularity of the credit system.
In Africa, by contrast, about 85% of consumers use prepaid phones, and ukraine phone number library the broader consumer financial services market in Africa is still immature. The vast majority of Africa’s population is “illiterate.” A few years ago, McKinsey conducted a study to measure the percentage of the unbanked population worldwide. The study found that 8% of the population in developed countries was unbanked, compared to 58% in Asia and 80% in Africa.
Fraud
Wangiri scams are a big problem in Africa. In this type of fraud, criminals rely on the politeness of people who are willing to answer a missed call. This is a fairly large-scale problem, since the population of Asia and Africa, unlike Europe, prefers to communicate by phone rather than using instant messengers.
To solve this problem, the provider simply needs to raise awareness among consumers of services through the media, stores offering telephone services, on the Internet, etc.
The problem of low user awareness of telecom fraud is not unique to Africa. People around the world need to be more aware, responsible and educated.
Few people use social media with caution. The information you share on Facebook and other social networks is literally open to scammers.
Over time, a scammer - through social engineering - can gather enough information to copy your identity and then hack your accounts and accounts.
There are about 7.7 billion people in the world, about two-thirds of whom have a mobile phone, which has now become almost an extension of the hand.
Compared to phones, our laptops and computers are much more secure, as they are equipped with modern firewalls and antivirus programs and are physically less accessible to intruders.
Are our smartphones as secure? Does a password on your phone make your data more secure? What can a fraudster do with your personal information if he gets his hands on your smartphone?
Most banking authentication processes use your mobile phone. Many of us make financial transactions and authenticate on our mobile phone via a call or SMS. So what happens if a fraudster uses social engineering to successfully reroute all communications and access to
In Africa, by contrast, about 85% of consumers use prepaid phones, and ukraine phone number library the broader consumer financial services market in Africa is still immature. The vast majority of Africa’s population is “illiterate.” A few years ago, McKinsey conducted a study to measure the percentage of the unbanked population worldwide. The study found that 8% of the population in developed countries was unbanked, compared to 58% in Asia and 80% in Africa.
Fraud
Wangiri scams are a big problem in Africa. In this type of fraud, criminals rely on the politeness of people who are willing to answer a missed call. This is a fairly large-scale problem, since the population of Asia and Africa, unlike Europe, prefers to communicate by phone rather than using instant messengers.
To solve this problem, the provider simply needs to raise awareness among consumers of services through the media, stores offering telephone services, on the Internet, etc.
The problem of low user awareness of telecom fraud is not unique to Africa. People around the world need to be more aware, responsible and educated.
Few people use social media with caution. The information you share on Facebook and other social networks is literally open to scammers.
Over time, a scammer - through social engineering - can gather enough information to copy your identity and then hack your accounts and accounts.
There are about 7.7 billion people in the world, about two-thirds of whom have a mobile phone, which has now become almost an extension of the hand.
Compared to phones, our laptops and computers are much more secure, as they are equipped with modern firewalls and antivirus programs and are physically less accessible to intruders.
Are our smartphones as secure? Does a password on your phone make your data more secure? What can a fraudster do with your personal information if he gets his hands on your smartphone?
Most banking authentication processes use your mobile phone. Many of us make financial transactions and authenticate on our mobile phone via a call or SMS. So what happens if a fraudster uses social engineering to successfully reroute all communications and access to