Fraudulent Transactions on the Rise in Angola: Banks Issue Warning to Customers
Luanda - A Growing Concern in the Angolan Banking Sector
The Angolan banking sector has been plagued by a surge in fraudulent transactions, with scammers targeting unsuspecting customers through various channels. In an effort to protect their clients and prevent further losses, banks are urging customers to exercise extreme caution when conducting financial transactions.
Understanding the Risks
According to sources within the banking industry, the majority of these incidents involve identity theft, phishing scams, and unauthorized access to customer accounts. To combat this trend, banks have launched a series of initiatives aimed at educating customers on how to safeguard their financial information and prevent fraudulent activity.
Safeguarding Your Banking Details
To avoid falling victim to these scams, customers are advised to:
- Regularly monitor bank statements: Check for suspicious transactions and contact the bank immediately if you notice any unusual activity.
- Ensure ATM safety: Verify that the machine is in good working condition and not tampered with. Be cautious of strangers lurking around ATM areas.
- Verify online shopping security: Check for a padlock icon and an “https” address on websites. Avoid clicking on links or downloading files from unknown sources, and never enter sensitive information on public computers.
Card Safety Tips
To protect your debit/credit card:
- Never share your PIN: Keep it confidential to prevent unauthorized transactions.
- Regularly check transactions: Ensure they are accurate and report any discrepancies to the bank.
- Use strong passwords: Install anti-virus software and use a combination of letters, numbers, and special characters. Change your password regularly.
Checkbook Security
To secure your checkbook:
- Keep it in a safe place: Avoid carrying all the sheets with you.
- Cross-checks to prevent passing: Report any lost or stolen checks to the bank immediately.
Online Banking Precautions
When making online transactions:
- Verify digital security certificate: Ensure the website is secure before proceeding with payments.
- Never leave your computer unattended: Always end your internet banking session properly.