Mobile fraud could cost Africa over US$5bn this year

Africa’s mobile fraud losses will continue to rise above last year’s US$4-billion to peak at a record US$5-billion by the end of 2021 if nothing is done to prevent global cybercriminals from looting the continent’s wealth in a new, virtual ‘scramble for Africa’. That’s according to Paris-based anti-fraud campaigner David Lotfi, CEO of Evina. “In...

© Copyright Extensia Ltd