Sim swap fraud
Safaricom Sacco
June 5, 2022
Fraudsters replace and take over the customer line.
Identity theft can be categorized into various sections, one of them being Sim Swap Fraud.
Fraudsters go to the extent of registering an existing number on a new SIM card in order to intercept notifications, one-time passwords, online banking profile and transactions as well as changing the account security settings.
