E-fraud, Major Risk to Digital Finance, Says NCC

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E-fraud, Major Risk to Digital Finance, Says NCC via thisdaylive

The Nigerian Communications Commission has identified e-fraud as the greatest threat to digital finance.

The debate was organised to create awareness and save consumers from e-fraud and to educate the young ones on the proper use of e-channels for financial services. “Attackers are now targeting telecom networks with the aim to disrupt service delivery and infiltrate their data bank. SIM swaps, Unstructured Supplementary Service Data and e-payment fraud.”

“It has brought them together response to social concerns and has connected them across vast geo-political barriers. ICT has also provided youth access to digital financial services.

 

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Exposing The Mindless Fraud By Telecommunication Companies In Nigeria And Why NCC Must Act Now, By Elias Ozikpu | Sahara ReportersThe violent manner with which telecommunication companies in Nigeria defraud data subscribers is unspeakable and should never be accepted by members of any society! Sometimes last year I purchased a 20GB worth of Data between conversation from airtime to data everything disappeared, I went to the office of the subscriber MTNNG reported the issue, till date no response 5k just went like that. AirtelNigeria MTNNG I am calling you two out Their fraud is on all services provided. I have an issue with GloWorld concerning voice bonus Bereke plan upon recharge, they took away the balance when it has not reached the expiring time. NgComCommission should do routine checks on them.
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