Fiji Banking Fraud: Family Members Among Most Common Scammers

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A recent roundtable discussion on cyber attacks in the region revealed a shocking truth: family members are often involved in fraudulent activities, using loved ones’ bank cards for financial gain. According to ANZ Fiji Country Head Rabih Yazbek, this is a growing concern that requires immediate attention.

The Most Common Dangers of Mobile Banking

• Sharing username and password with others
• Using same login credentials across multiple platforms

To mitigate these risks, ANZ has added an extra layer of security to its mobile banking website. This additional protection helps safeguard customers’ accounts from unauthorized access.

What Happens When Scams Occur?

If a scam occurs and funds are transferred to another bank in Fiji, it is possible to get affected accounts blocked or placed on hold after a police report is made. Eli Hirschauge, ANZ New Zealand Head of Information Security, emphasizes the importance of all stakeholders working together to address these issues as they arise.

Collective Action Against Cyber Attacks

Hirschauge announced plans for continued workshops to educate businesses and customers on the impact of cyber attacks. He underscored the need for collective action in combating these threats, highlighting that it is crucial for everyone to work together to prevent and respond to fraudulent activities.

By staying informed and taking proactive measures, individuals and businesses can significantly reduce their risk of falling victim to banking fraud. With continued education and collaboration, we can work towards creating a safer financial environment for all.