AVOIDING mobile phone scams is now part of our digital lives, especially since fraudsters are continually coming up with new ways to try and trick people who are ignorant.However, some scams are not always obvious, so it is essential to keep on top of new scams. This is because it is sometimes not easy to recover your accounts when they have been compromised.Zambia is currently experiencing financial scams through mobile money as the business booms owing to many consumers using digital transactions. Many unsuspecting people have been victims of mobile money scams and have lost money through such vices.Information from the Zambia Information and Communications Technology Authority (ZICTA) has indicated that going forward, cyber related risks are expected to persist, especially on mobile money accounts.Consequently, Short Message Service (SMS) frauds which are targeted at mobile money users are increasingly drawing the largest attention on consumer awareness and consumer protection.However, as adoption of Information and Communication […]
Mobile money scammers on the rise
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