Internet banking fraud now makes up 55% of all fraud occurring through banks.
The internet is buzzing with black Friday specials already and retailers are busy stocking shelves in anticipation for the traditional hordes of bargain seekers.“Black Friday and Cyber Monday is the time of the year that phishing grounds are the most lucrative for cybercriminals. Attacks increase by as much as 336% around this time,” says Neil Thompson, head of product and customer value proposition at African Bank.
Be aware of scam URLs – mobile users are often susceptible to this scam as they often do not check the full URL on their device. This is an easy way to trick people into thinking they are buying the real thing.Keep your transaction slips and check them against your statement to spot any suspicious transactions and query them immediately.While transacting always keep an eye on the ATM card slot to ensure that your card is not taken out, skimmed and replaced without your knowledge.
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