Financial Crime World

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Online Fraud on the Rise in Botswana Amid COVID-19 Pandemic

As the world grapples with the COVID-19 pandemic, Botswana has not been spared from the surge of online fraud cases. In recent months, the country has witnessed a significant increase in digital scams, with many unsuspecting citizens falling prey to these unscrupulous individuals.

Types of Scams

There are several types of scams that have become prevalent during this period. Some of the most common ones include:

  • Supplier Scam: Criminals create fake online shops and social media profiles claiming to sell essential goods at discounted prices. Victims are tricked into paying for products that never arrive or are of poor quality.
  • Card Swopping: Criminals tamper with ATMs and then offer to help users who are unable to access their accounts. While helping the user, they swap their card with a similar-looking one and make off with the original card.
  • Lebanese Loop: Criminals insert a thin film in the card slot to trap ATM cards. Users are left frustrated when the ATM fails to eject their card, only to discover that it has been stolen by the criminal.

Cyberattacks on Home Networks

The pandemic has also led to an increase in cyberattacks on organisations operating from home. Home networks are often not secure, leaving them vulnerable to hackers who seek to gain access to sensitive information.

How to Avoid Falling Victim

To avoid falling victim to these scams and attacks, citizens are advised to:

  • Exercise Caution at ATMs: Stand close to the machine, cover the keypad with your other hand when entering your PIN, and never accept assistance from strangers.
  • Be Wary of Pop-up Warnings and Virus Alerts: These could be scams designed to steal sensitive information. Install up-to-date antivirus software on computers and use VPNs when working from home.

Government Response

The Botswana government has urged citizens to remain vigilant and report any suspicious activity to the authorities. By staying informed and taking necessary precautions, individuals can protect themselves from these digital threats and ensure a safer online experience.

Remember, it is essential to be aware of the risks associated with online fraud and take steps to prevent yourself from falling victim. Stay safe online!