Tag: fraud
SIM Swap Fraud: Man loses GHS250k in one day
A Ghanaian who is now based in London has hinted Techfocus24 that he recently became a victim of fraudulent SIM Swap leading to a...
Crypto Fraud: South African firm fined $3.4 billion
South Africa has once again found itself at the centre of some of the world’s biggest crypto fraud cases.
A US federal court in Texas...
SIM Registration: NCA biodata not being verified against NIA database
In spite of a claim by the National Communications Authority (NCA) that it needed to capture a second set of bio data for SIM...
Fraudulent SIM Registration: Telcos to issue Short Code to check numbers...
Information reaching Techfocus24 from very reliable sources indicate that telecom operators in the country have been mandated to, by end of April, issue a...
Elephant in the Room: Fraudulent SIM Registration is upon us again
There is SIM re-registration going on in Ghana now. This is the second time the country is undergoing such a process. This current one...
Nigeria’s fraud agency arrests Kloud Commerce founder, Ghana mentioned
Nigeria’s fraud investigation agency, the Economic and Financial Crimes Commission (EFCC), has detained founder of Kloud Commerce Olumide Olusanya.
It’s unclear at this point whether...
Fraudulent robocalls to cost mobile subscribers a record $58 billion this...
A new report from Juniper Research, foremost experts assessing emerging communications technologies, has found that mobile subscribers will lose $58 billion to fraudulent robocalls globally...
Sonatel falls victim to US$200,000 hack
Senegalese telco leader Sonatel has recently discovered a hack in its systems that cost it CFA143 million ($200,000).According to Africa Cybersecurity Magazine, an infamous...
Flutterwave set for ambitious expansion in Kenya following clearance from all...
Flutterwave, Africa’s biggest fintech has welcomed the withdrawal of claims against the company by the Asset Recovery Agency (ARA) in July 2022 and looks...
Mastercard, Network International to combat fraud with AI
Mastercard and digital commerce company, Network International, have collaborated to release an Artificial Intelligence (AI) solution fighting transaction fraud across the Middle East and...