insert_link Africa Hustle academies: west Africa’s online scammers are training others in fraud and sextortion By Suleman Lazarus, London School of Economics and Political Science and Mark Button, University of Portsmouth As the world becomes increasingly connected, digital fraud has evolved from a local problem into a global one. West Africa, particularly Ghana and Nigeria, is witnessing the rise of “hustle kingdoms” – informal academies that train individuals to carry out digital scams. The term “hustle kingdoms” originated from online scammers themselves, used […] todaySeptember 12, 2024 21
insert_link Local Capricorn Group Changemakers donate winter items to vulnerable senior citizens On Friday, 21 June, Capricorn Group employees, in their role as Changemakers, demonstrated their commitment to making a positive impact in the community when they hosted a winter warmer event for vulnerable pensioners from Katutura Old Age Home and the Khomasdal Old Age Home. Changemakers donated winter items like knee blankets, socks, gloves, beanies, scarves and toiletries worth N$ 20 000.00. The employees further treated the elderly […] todayJune 24, 2024 7
insert_link Business / Economics FNB Namibia warns against cyber fraud As online shopping continues to grow, FNB Namibia is advising customers to be wary of cyber criminals when purchasing goods or online services. Here is FNB Namibia Risk Manager, Vernon Husselmann with more. todayFebruary 6, 2024 53
insert_link Business / Economics Bank Windhoek addresses employee theft Bank Windhoek's Managing Director, Baronice Hans says that the amount of money stolen by an employee, Nico Rebebe is less than N$2 million. She assured that customer funds remain unaffected due to robust systems and controls in the bank. Police crime reports earlier revealed that Rebebe transferred N$200 million, splitting it between two different bank accounts opened on 20 December 2023. todayJanuary 15, 2024 25
insert_link Business / Economics FNB Namibia launches campaign to educate seniors citizens FNB Namibia has started a countrywide tour to talk to older people about scams. The bank’s spokesperson, Hileni Amadhila says the campaign aims to teach senior citizens how to keep their personal banking details safe, especially their PINs and OTPs. todayDecember 20, 2023 53
insert_link Business / Economics TransUnion report reveals surge in e-commerce fraud during 2023 festive shopping season TransUnion (NYSE: TRU) released new findings today highlighting e-commerce fraud that occurred during the start of the 2023 holiday shopping season, from the Thursday before Black Friday to Cyber Monday. Based on proprietary insights from TransUnion’s global device risk consortium, the average number of suspected digital fraud attempts on any given day during that holiday period where the consumer was located in Namibia during the transaction, was 87.5% higher than the same period […] todayDecember 8, 2023 3
insert_link Opinion Pieces Do not share your banking PINs or OTPs with anyone – banks included By Bank Windhoek’s Forensic Services Manager, Johnny Truter In the past, bank robbers were brazen. They used weapons and physical intimidation to instil fear into staff, security guards and any customers who were in the branch. Their timing was considered. They would strike on the last day of the month, for instance, at a time of day when the branch cash levels were high and before too many people could […] todayDecember 4, 2023 27
