Farah Bashir is yet to come to terms with how his bank accounts were wiped clean by fraudsters, barely two days after he had landed in Johannesburg for a two-week assignment in February.
He painfully recounted how he watched helplessly as Sh2.6 million was withdrawn by hackers in several transactions from his four different Absa Bank accounts between February 7 and February 9.
SIM Card fraud has been in the bees lately. The sums lost are pretty high. I bet there are many sad tales from individuals who've lost collasal amounts due to sim swap fraud.
How come we're not able to contain this crimes? I wonder who's the weakest link here that needs to pull up their socks? It's really a big threat to our digital economy if we can't address this growing menace.
Happy to hear your thoughts on this.
Regards,
Victor