In an era when using mobile devices for banking has become essential to daily life, it is crucial to protect financial transactions. However, users of mobile banking are at greater risk due to the increase in smishing attacks, which are fraudulent SMS messages sent with the intention of tricking recipients into disclosing personal information. This […]
It’s critical to protect your online accounts in the modern digital world. By adding a layer of security to your Gmail account, known as two-factor authentication (2FA), you can greatly reduce the likelihood of unauthorized access. You can ensure an extra layer of security for your Gmail account by following this guide, which will walk […]
It’s critical to protect your online accounts in the modern digital world. By adding a layer of security to your Gmail account, known as two-factor authentication (2FA), you can greatly reduce the likelihood of unauthorized access. You can ensure an extra layer of security for your Gmail account by following this guide, which will walk […]
Consider the following scenario: a worker gets a text message that looks urgent. It claims to be from their bank, payroll service, or even the IT division of their own business. Panic sets in when the message alerts users to possible fraudulent activity or a locked account. In a rush, the worker shares personal information […]
In an era dominated by digital transactions and interconnected financial systems, the importance of robust fraud prevention measures cannot be overstated. Fraud poses a significant threat to individuals, businesses, and financial institutions, leading to substantial financial losses and reputational damage. Implementing effective fraud prevention strategies is crucial in safeguarding assets and maintaining trust within the […]
The Nigerian banking sector is facing a significant challenge as fraud instances continue to rise, posing threats to both financial institutions and their customers. The “Reports of Fraud and Forgeries in Nigerian Banks (Quarter 2, 2023)” analysis by the Financial Institutions Training Centre (FITC) sheds light on this escalating issue. With the total amount involved […]
