Threat of terrorism to Botswana is real and getting closer
Friday, November 06, 2020
Close to home: Mozambique is battling Islamic terrorists PIC: WWW.CHRONICLE.CO.ZA
As risk consultants we realise that every risk management system has flaws and when it is in place it does not guarantee that identified risks will not occur and if they do, will have the level of impact that was assessed.
Unfortunately, some risks are impossible to predict, and a few are extremely difficult to foresee. Perhaps an example of the latter is a terrorist attack. We know that various terrorist groups exist, but due to the covert nature of their operations, we know little if anything about their intentions, capability, their targets and when they will strike.
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...