BoG questions whether punishment for digital fraud offers enough deterrence

Protecting the digital wallet: A national priority

The latest fraud report by the Bank of Ghana (BoG) should give both policymakers and the public cause for serious reflection. While Ghana’s financial sector continues to expand, particularly through digital payment platforms, the sharp rise in fraud cases signals a troubling downside to this progress. The figures are striking. Reported fraud cases jumped from The post Protecting the digital wallet: A national priority appeared first on Ghanaian Times.

Kaji hukuman sebat kepada scammer, pampasan mangsa jenayah siber

PUTRAJAYA: Kerajaan sedang mengkaji mekanisme perundangan bagi membolehkan mangsa jenayah siber, khususnya penipuan dalam talian, menerima pampasan atau mendapatkan semula wang yang hilang akibat diperdaya sindiket penipuan dalam talian atau ‘scammer’. Menteri di Jabatan Perdana Menteri (Undang-Undang dan Reformasi Institusi), Datuk Seri Azalina Othman Said berkata, kajian itu sedang dilaksanakan oleh Bahagian Hal Ehwal Undang-Undang ... Read more The post Kaji hukuman sebat kepada scammer, pampasan mangsa jenayah siber appeared first on Utusan Malaysia.

Trump’s strike force is crushing the $20 billion scam cartels — make it permanent

For too long, Washington has treated online scams as a consumer protection problem of victims, disputed transactions, and after-the-fact remedies. That frame is too small. The scam epidemic is a national security and law enforcement challenge driven by transnational criminal organizations, permissive foreign environments, illicit financial networks, trafficked labor, and digital infrastructure that lets criminals []

Financial literacy must become part of Ghana’s anti-fraud strategy – Economist

Arrests and prosecutions alone will not stop Ghana’s digital fraud problem, Economist and Professor of Finance at the University of Ghana Business School, Godfred Bokpin, has warned. He says the country must pair enforcement with stronger financial literacy and basic cybersecurity education as more people rely on mobile money, banking apps and other digital payment []

The Paycheck Trap: Inside The FBI And LinkedIn Mission To Crush Fake Job Scams

The FBI and LinkedIn have joined forces in a new public education campaign designed to help job seekers spot and avoid increasingly sophisticated employment scams before falling victim to fraud. Employment fraud occurs when scammers deceive individuals into believing they are being considered for or have successfully secured a real job. The partnership aims to [] The Paycheck Trap: Inside The FBI And LinkedIn Mission To Crush Fake Job Scams