Have just learnt that #mpesa agents can carry out #simwaps. The proposed law to register them now makes sense! Important to all to avoid #simswaps being carried out by #mpesa agents: dial *100*100#OK to stop any replacement from an agent shop

*https://twitter.com/BravinYuri/status/1531194495588524032?s=20&t=IJCyM8mwymIkC3TppBh_SQ <https://twitter.com/BravinYuri/status/1531194495588524032?s=20&t=IJCyM8mwymIkC3TppBh_SQ>* #Safaricom CEO why is this not the default behaviour? If anyone wants to replace their sim cards elsewhere they need to opt-in NOT out! Regards, Adrian Teri ---------- Forwarded message ----------

From: Victor Kapiyo <vkapiyo@gmail.com> To: KICTAnet ICT Policy Discussions <kictanet@lists.kictanet.or.ke> Cc: Bcc: Date: Mon, 30 May 2022 10:05:38 +0300 Subject: [kictanet] Sim card swap: How Farah Bashir lost Sh2.6m to fraudsters in hours Morning Listers,

In the news today:

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He painfully recounted how he watched helplessly as Sh2.6 million was withdrawn by hackers in several transactions from his four different Absa Bank accounts between February 7 and February 9.

Read more: https://nation.africa/kenya/news/sim-card-swap-how-farah-bashir-lost-sh2-6m-...

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

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