Sunday, July 21, 2024
25.2 C
Lagos

Ecobank Alerts Customers on Sim Card Fraud Increase

Ecobank has once again, raised alarm on the dangers of SIM swap fraud, stressing that that fraudsters could use it to impersonate them. In a message to customers via email, the bank explained that SIM swap fraud occurs when scammers use your phone number to access your accounts.

According to the bank, “scammers impersonate you and trick your mobile phone’s carrier into activating a SIM card, which gives them control over your phone number. It means scammers could potentially enter your username and password when logging onto your online banking platform and then receive the SMS verification code to access your account.

“Protect yourself against SIM swaps, don’t share personal information that fraudsters could use to impersonate you (such as your mother’s maiden name or birthplace) on social media. Never reveal your logins and passwords for your mobile phone, online bank, or credit card accounts to anyone. Please always report any suspicious activity.”

Further, the Pan-African bank reminded the customers that the bank will not ask them to provide their personal or financial information, stressing that when they receive an email that includes a link to a website, they should ensure that the website is legitimate before visiting the site.

Ecobank further, urged customers not to respond to emails, SMS and unsolicited calls from people they don’t know asking for your personal or banking information.

spot_img

Hot this week

Stanbic IBTC Bank Partners Lagos State on Water, Sanitation Infrastructure Funding Summit

Stanbic IBTC Bank, one of Nigeria’s leading financial institutions,...

Stanbic IBTC Launches Ambitious Tree-Planting Campaign in Cross Rivers State

Stanbic IBTC Holdings, in collaboration with One Tree Planted...

PalmPay Named Among Top 250 Fintech Companies in the World by CNBC, Statista

PalmPay, a leading Africa-focused fintech platform, has been included...

AIICO’s Annuity Customers Attest to Financial Stability, Payout Hits N1.3bn Monthly 

AIICO Insurance Plc, a leading insurer in Nigeria, today...

WORLD PR DAY: APRA Advocates Ethical, Responsible Use of AI

The African Public Relations Association (APRA) has called on...

Topics

Europe-Africa Partnership Grants €10m for New Anti-malarial Drug

The European & Developing Countries Clinical Trials Partnership (EDCTP) grants...

MTN Unveils Brand Ambassadors for 2016-2017

In line with its commitment to supporting Nigerian musicians...

Will Insurance Cushion Coronavirus Losses? 

A report by Bloomberg says the world should not...

IATA: African Airlines Record 9.9% Traffic Rise in June

The International Air Transport Association (IATA) announced global passenger...

Emir of Kano Urges Nigerians to Embrace Insurance

The Emir of Kano, Alhaji Aminu Ado Bayero has...

VICTORY Letter to SEPP BLATTER

The $10m Bribe Scandal "I have been reflecting deeply about my presidency and about the 40 years in which my life has been inextricably bound to FIFA and the great sport of football. I cherish FIFA more than anything and I want to do only what is best for FIFA and for football. It is my deep care for FIFA and its interests, which I hold very dear, that has led me to take this decision," he said. I would like to thank those who have always supported me in a constructive and loyal manner as president of FIFA and who have done so much for the game that we all love. What matters to me more than anything is that when all of this is over, football is the winner.” Click here to make a lazy tweet.

Fintech Platform TeamApt Closes $5.5m Series A Round

TeamApt Product TeamApt, a Nigerian fintech company that provides digital...

Silk Road on Rails: The China-Europe Block Trains

The biggest story coming out of China today is...
spot_img

Related Articles

Popular Categories

spot_imgspot_img