The arrest of a Jkuat Student and Safaricom employee over the weekend helped shed some light on the rising number of sim card fraud cases in the country.
Detectives who arrested the two say they found the suspects with 2,160 unused Safaricom SIM cards, 44 used cards, five till agent numbers, three MPESA Safaricom booklets and an internet booster router.
The Communications Authority had issued a warning to Kenyans against sharing personal identification numbers with strangers pretending to help them.
According to the Director General Communications Authority Wangusi Francis, personally identifiable, information refers to any information that can be used to distinguish or trace an individual’s identity, such as mobile money pin, national identity number, bank account pin, password, date of birth among others.
How the Fraudsters obtain your information
Instances of SIM Card Swap Fraud begin with fraudster making a call pretending to be an employee of a mobile network operator.
The fraudster further asks the unsuspecting mobile subscriber to share their personally identifiable information such as national ID number, mobile money PIN, or SIM card PIN.
After obtaining the information the fraudsters then goes ahead to swap the sim card thereby gaining access to all sim services including mobile money transfer, mobile and internet banking , voice calls , SMS, data services among others.
Why it is easy for the Fraudsters
Kenya has the highest number of mobile money users in the world.
Hence, the fraudsters could guess and call any random number and the probability of the user having mobile money account is close to 87%.
Mobile phones in Kenya are like bank accounts some people keep all their savings on their phone – and fraudsters are trying to hack into them to steal the money.
One of the Victims Case Study
Politician Stanley Wanjiku revealed that the fraudsters managed to get away with 180, 000 shillings.
His trouble started after he received a notification that he could not access his mobile wallet and had to call a certain number to reset it – which he did.
He later learned that his Pin number has been replaced and a new one regenerated, so he could not get access to his money.
The paper did not say which service he had his account. “I do not know how my mobile money Pin was regenerated and issued to strangers. I am at a loss how they identified themselves,” Mr Wanjiku said, adding that a bank account not linked to his mobile phone was also hacked.
Here are other Twitter Users complaining of the same matter.
Author : Brian Gachie