Banking scams you should worry about

Identity theft and nd the sort, targeting your money is common now.

In Zimbabwe, you will find that it happens via your mobile or desktop. Via text message or email.

Because of the ardent move to digital encouraged by your service provider, what it ultimately means is that you are more susceptible.

South Africa’s Discovery Bank has shared some things you should be worried about.

Phishing – when fraudsters send emails that appear to be from reputable businesses, like Discovery, and often promise a reward to get your personal information.
Smishing – when criminals try to get your information by making you click a link in an SMS to a fake webpage.
Qishing – a type of phishing that uses QR codes to scam victims. If you click a QR code, always check the website URL you’re directed to.
MFA fatigue – Multifactor authentication (MFA) fatigue is a method criminals use to flood your authentication app with push notifications in the hope you’ll accept their false authentication, allowing them access to an account or device. Always check that you are authenticating the right push notification.

So what do you do?

Don’t click links you don’t understand
Do not respond to unsolicited email
Your bank will never ask you for your password, PIN via email, so don’t share it.
Avoid things which seem too good to be true.