The gang had already stolen GHC200,000 (USD27,000) before they were caught using mobile apps to make three more bank withdrawals.
The arrest of an English teenager who offered $20,000 bribes to big telco insiders shows security paradigms do not fit the facts.
Cell C is said to have been ripped off by 83 inflated invoices submitted by external contractors and approved by Cell C’s Executive Head of IT.
The survey also found that technology, media and telecoms (TMT) businesses suffered less internal fraud.
Whistleblowing hotlines are a good source of intelligence, but staff need to be encouraged to use them.
The purchase of an RA solution by Safaricom causes a journalist to confuse his readers and draw all the wrong conclusions.
A very rich former exec who worked at BT for over 20 years will have slightly less money to spend during his retirement.
Insurance brokerage Willis Towers Watson found that two-thirds of US cybersecurity insurance claims were prompted by the abuses or negligence of employees.
Former marketing exec Janet West told her assistant to purchase fictitious services using the assistant’s corporate credit card.
Finding fraud may be considered bad news, but it is good news that a leading African telco is leading the way by being so transparent.