Publish Date: 20/08/2018
The older you get, the more you see the importance of taking safety measures to protect your money, valuables and physical safety. However, when it comes to cyber security and online shopping, many people frequently put these same things at risk.
This festive season, there’s a pressing need to focus your attention on becoming more cyber savvy and protecting yourself online against cybercrime, identity theft and credit card fraud.
What is Cyber Crime?
Criminals are always looking for opportunities, especially at this time of year when they know that people are winding down and spending their bonuses. Cyber criminals use clever scams to commit internet fraud by tricking their victims into disclosing their cellphone or online banking details. Unsuspecting customers honestly believe they are speaking to a credible source and, as a result, end up disclosing sensitive information that cyber criminals then use to defraud them.
In a world filled with technical jargon and complicated concepts, you may feel overwhelmed by the idea of protecting yourself against cybercrime. However, the best protection is knowing how to recognise it and becoming more scam alert!
Here are some quick, easy steps you and your family can take to avoid being a victim these holidays.
What is fraud and how to spot it:
Two Common Types of Cybercrime
At African Bank, we care about the safety of your money, which is why we have put together some tips to help you become more cyber security conscious this season.
7 Ways to be More Cyber Savvy
Always be aware and cautious. Fraudsters know all the tricks and often find ways to work around cyber security loopholes. In the event that you do get caught and believe your information has been compromised, change your internet banking details and advise your bank immediately.
Read more: Are you being fraud savvy with your cards?
About African Bank
Our mission is to be a successful Retail Bank offering a wide range of products and services to the consumers of South Africa. The people who work for African Bank represent the diverse population of South Africa; therefore we are a reflection of you, of all South Africans. We seek to provide value - more than our consumers expect of us. We promise to live our purpose 'humanity through banking' in all that we do and we are confident that we can, because 'We are You'.