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Send your SINGLE & BULK SMS to you target audience
Financial technology solutions for businesses and end users.
White-labelled fintech solution and core banking infrastructure.
Paid contest management products (money vote)
Housing
February 12, 2024
In recent years, a disturbing trend has emerged in Nigeria where individuals are being scammed by simply picking up phone calls and sending verification codes. In today’s digital world, where convenience is supreme, protecting your financial accounts from fraud is more important than ever. Cybercriminals are constantly devising new ways to steal your personal information and access your hard-earned money. But fear not! Here are powerful tips to help you secure your account.
Initial Contact: The Call Scammers often start with a phone call, posing as representatives from legitimate organizations such as banks, mobile service providers, or even government agencies. These callers can be very convincing, using personal information gleaned from various sources to build trust. At some point, the scammer will ask you to provide a verification code. Never Share Verification Codes: No legitimate organization will ask for your verification codes over the phone. These codes are meant to be private and are crucial for maintaining the security of your accounts.
Create Strong and Unique Passwords: This is the foundation of online security. Avoid using dictionary words, birthdays, or easily guessable information. Consider using a password manager to create and store strong, unique passwords for all your accounts.
3. Review Account Statements Regularly: Keep an eye on your account activity. Monitor your bank statements, credit card statements, and other financial accounts for any suspicious transactions. Report any unauthorized activity immediately.
4. Enable Two-Factor Authentication (2FA): This adds an extra layer of security by requiring a second verification code (often sent via text message or app) in addition to your password when logging in. This makes it much harder for unauthorized access, even if someone steals your password.
By following these tips, you can significantly reduce your risk of falling victim to fraud and protect your valuable financial information.
Remember, vigilance is key! Stay informed about the latest online security threats and remain cautious about any suspicious activity.
The increasing sophistication of phone-based scams in Nigeria requires vigilance and proactive measures to protect yourself. By understanding how these scams work and implementing the necessary precautions, you can significantly reduce the risk of falling victim to these deceptive tactics. Remember, safeguarding your personal information is the first line of defence against fraud.
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