Absa urges vigilance following festive season scams
Tuesday, January 23, 2024 | 390 Views |
ABSA bank
Sources at the blue chip listed bank said unidentified scammers had employed different tactics in an attempt to defraud the bank’s customers over the busy festive season.
Such tactics include vishing, phishing, social engineering and card fraud. Vishing is a scamming attack conducted over the phone with the criminals attempting to secure account information, while phishing involves fraudulent emails, text messages, phone calls and other tricks designed to make customers reveal private account information.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...