Mmegi

TransUnion sees rising digital fraud in Botswana

Seeing trends: Ramaselwana
Seeing trends: Ramaselwana

A recent TransUnion analysis reveals that in the first half of 2024, three percent of all attempted digital transactions from Botswana were flagged as potentially fraudulent.

Whilst Botswana ranks fifth lowest amongst 19 regions in terms of suspected digital fraud rates, specific industries, especially gaming, have faced heightened risks.

According to TransUnion’s State of Omnichannel Fraud Report of 2024, the gaming industry saw the highest levels of suspected digital fraud in Botswana during the first quarter, with 12.5% of gaming transactions flagged as suspicious. The financial services sector followed with a 3.9 percent suspected fraud rate, while retail saw 2.8 percent.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

Have a Story? Send Us a tip
arrow up