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</o:shapelayout></xml><![endif]--></head><body link=blue vlink=purple style='word-wrap:break-word'><div class=WordSection1><p class=MsoNormal><span lang=EN-US style='mso-fareast-language:EN-US'>Good afternoon,<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US style='mso-fareast-language:EN-US'>The Kenya Bankers Association and the Telcos are conveniently avoiding the evidence that most of these frauds involve insiders<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US style='mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US style='mso-fareast-language:EN-US'>Without dealing with the insider threats in the banks and telcos the frauds will continue <o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US style='mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US style='mso-fareast-language:EN-US'>At the moment they have just identified the sim swap vulnerabilities (actually some of the international banks have made 2FA mandatory and are using Authentication apps that are not based on your sim)<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US style='mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US style='mso-fareast-language:EN-US'>Regards,<o:p></o:p></span></p><p class=MsoNormal><span style='mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US>Consultant<o:p></o:p></span></p><p class=MsoNormal><span lang=EN-US>ICT4D<o:p></o:p></span></p><p class=MsoNormal><i><span lang=EN-US style='font-size:10.0pt'><a href="https://advisera.com/27001academy/#a_aid=621f58ced9bb1&a_bid=f79f3b0b"><span style='color:#0563C1'>Quality Management Systems</span></a> <o:p></o:p></span></i></p><p class=MsoNormal><i><span lang=EN-US style='font-size:10.0pt'><a href="https://advisera.com/27001academy/#a_aid=621f58ced9bb1&a_bid=f79f3b0b"><span style='color:#0563C1'>Information Security Management Systems</span></a><o:p></o:p></span></i></p><p class=MsoNormal><span style='mso-fareast-language:EN-US'><o:p> </o:p></span></p><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span lang=EN-US>From:</span></b><span lang=EN-US> KICTANet <kictanet-bounces+awatila=gmail.com@lists.kictanet.or.ke> <b>On Behalf Of </b>David Indeje via KICTANet<br><b>Sent:</b> Monday, May 30, 2022 10:59 AM<br><b>To:</b> Alex Watila <awatila@gmail.com><br><b>Cc:</b> David Indeje <davidindeje@gmail.com><br><b>Subject:</b> Re: [kictanet] Sim card swap: How Farah Bashir lost Sh2.6m to fraudsters in hours<o:p></o:p></span></p></div><p class=MsoNormal><o:p> </o:p></p><div><div><div><p class=MsoNormal><span style='font-family:"Comic Sans MS"'>Dear Listers,<o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Comic Sans MS"'><o:p> </o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Comic Sans MS"'>These cases are emerging at an alarming rate. Indeed, the Kenya Bankers Association says consumer education will play a central role in addressing emerging security challenges. The association cites cases of phishing emails, and malware attacks, to have scaled up in tandem with the enhanced uptake of internet and mobile transaction platforms. <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Comic Sans MS"'><o:p> </o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Comic Sans MS"'>“A study paper on human-centered cybersecurity: Kenyan Fintech sector,” prepared by KICTANet, in collaboration with Trust4Cyber Flagship Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, says emerging threats in Kenya are organized crime, exporting cybercriminals to the East African region. <a href="https://bit.ly/3vBc5SA">https://bit.ly/3vBc5SA</a> <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-family:"Comic Sans MS"'><o:p> </o:p></span></p></div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><div><p class=MsoNormal><b><span style='font-size:9.5pt;font-family:"Trebuchet MS",sans-serif;color:#990000'>Kind Regards,</span></b><o:p></o:p></p><p style='margin-top:6.0pt'><b><span lang=EN-GB style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:#990000'>David Indeje <br></span></b><span lang=EN-GB style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:#20124D'>_____________________________________</span><span style='font-size:9.5pt'><o:p></o:p></span></p></div><div><p class=MsoNormal><img border=0 id="_x0000_i1027" src="https://cytonn.sheerhr.com/signature/icon/ico-phone.png"><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#4A4A4A'>+254 (0) 711 385 945 | +254 (0) 734 024 856</span><o:p></o:p></p></div><div><p class=MsoNormal><img border=0 width=30 height=30 style='width:.3125in;height:.3125in' id="_x0000_i1026" src="https://ci3.googleusercontent.com/mail-sig/AIorK4yBYq8CO3z4CMJjF8wcqHAMa3I57BvTkJ89uqP8lK9i8j6o7YiJQnjTC4eelqPvOYUff1aNqzI" alt=" "><a href="https://www.linkedin.com/in/david-indeje/" target="_blank"><span style='text-decoration:none'><img border=0 width=30 height=30 style='width:.3125in;height:.3125in' id="_x0000_i1025" src="https://ci3.googleusercontent.com/mail-sig/AIorK4zyiOW04Rxia0Qfi-RSMSxiWoDKO7LTnIAJ31XooS-f1NPpWqyfbDIGHOe5UeIz64IJbDU2twg"></span></a><o:p></o:p></p></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></body></html>