Zimbabwe’s Information Secretary Nick Mangwana blamed telcos for “fraudulent generation of money”.
MTN Ghana will not have succeeded without taking risks, raising a question about regulators punishing telcos for good decisions.
An employee of Econet created a SIM for a merchant account so he could use it to make payments to bogus agents.
The #U4Know campaign focuses on four key security tips for customers.
18 year old Canadian Samy Bensaci is alleged to be part of a gang that focused on stealing from cryptocurrency investors.
Hackers use SIM swaps as part of a process that also abuses the lax security of email providers and cryptocurrency wallets.
The GSMA calls this ‘best practice’, but their advice is thin.
It was also reported that some Ghanian mobile money operators have a lax control environment from top to bottom.
Banks and other businesses can safeguard against account takeover fraud by checking if a customer’s SIM has recently been replaced.
Criminals took control of 900 accounts for a new payments app from the Japanese operators of 7-Eleven convenience stores.