<p><strong>GABORONE –</strong> Stanbic Bank Botswana continues to embrace digital platforms and further aims to ensure that its customers are always cognisant of safety and security. Leading up to the season of festivities and spending, the Bank encourages Batswana to remain vigilant and resolute against cybercrime threats.</p><p>There has been greater dependency on digital platforms following the COVID-19 pandemic, resulting in susceptibility to cybercrime. These crimes entail criminal activities carried out by means of computers or the Internet. The issue of cybercrime has become more prevalent with greater global conversation around threats and opportunities for data management, cyber engagement and information security. Globally, cybercrime has now surpassed illegal drug trafficking as a criminal moneymaker, and reports indicate that identity theft occurs every 3 seconds as a result.</p>.<p>Said Mr. Thabo Okie, Stanbic Bank Head of Operational Risk. “Modern day consumers increasingly rely on the Internet for everything from shopping, banking and bill payments. While the benefits of faster and more convenient ‘cyber’ services are clear, the strategies for preventing online fraud and theft may not be as well-known by many bank customers. Incidents of cyber fraud are of significant concern for the bank which is why we continue working to educate our customers on ways to be safe with their online transactions.”</p><p>Safe banking is a priority at Stanbic Bank Botswana, with the Bank offering products such as 3D Secure, which offers customers the peace of mind to transact swiftly and effectively online, knowing full well that the bank has their security at top of mind. This is one of the ways in which the Bank works to add value to their customers to keep moving them forward.</p>.<p>Stanbic Bank reaffirms its commitment to offering innovative processes to better safeguard their customers’ networks, computers, programmes and data from online fraud, attack, damage or unauthorised access with the following tips:</p><ul><li><p>Do not reply to unsolicited email messages asking for personal or financial information!</p></li></ul><ul><li><p>Take extra precautions for logging into bank and other financial accounts.</p></li><li><p>Take precautions if you provide financial account information to third parties online.</p></li><li><p>Periodically check your bank accounts for signs of fraud</p></li><li><p>Install anti-virus software that prevents, detects and removes malicious programs.</p></li><li><p>Do not give out your account number or your password!</p></li><li><p>Use firewall programs to prevent unauthorized access to your PC.</p></li><li><p>Avoid over sharing personal details on social media in risk of identity theft</p></li><li><p>Always log off</p></li><li><p><strong>CONTACT YOUR STANBIC BRANCH IMMEDIATELY IF YOU SUSPECT THAT YOU ARE A VICTIM!</strong></p></li></ul><p>Concluded Mr. Okie, “In today’s world, it’s important for individuals and small business owners to be vigilant in protecting their computer systems and data. Stanbic Bank promotes the safety and efficiency of payment, clearing, settlement and related financial transactions, thereby supporting financial stability for the wider economy.</p><p><strong>ENDS.</strong></p>
<p><strong>GABORONE –</strong> Stanbic Bank Botswana continues to embrace digital platforms and further aims to ensure that its customers are always cognisant of safety and security. Leading up to the season of festivities and spending, the Bank encourages Batswana to remain vigilant and resolute against cybercrime threats.</p><p>There has been greater dependency on digital platforms following the COVID-19 pandemic, resulting in susceptibility to cybercrime. These crimes entail criminal activities carried out by means of computers or the Internet. The issue of cybercrime has become more prevalent with greater global conversation around threats and opportunities for data management, cyber engagement and information security. Globally, cybercrime has now surpassed illegal drug trafficking as a criminal moneymaker, and reports indicate that identity theft occurs every 3 seconds as a result.</p>.<p>Said Mr. Thabo Okie, Stanbic Bank Head of Operational Risk. “Modern day consumers increasingly rely on the Internet for everything from shopping, banking and bill payments. While the benefits of faster and more convenient ‘cyber’ services are clear, the strategies for preventing online fraud and theft may not be as well-known by many bank customers. Incidents of cyber fraud are of significant concern for the bank which is why we continue working to educate our customers on ways to be safe with their online transactions.”</p><p>Safe banking is a priority at Stanbic Bank Botswana, with the Bank offering products such as 3D Secure, which offers customers the peace of mind to transact swiftly and effectively online, knowing full well that the bank has their security at top of mind. This is one of the ways in which the Bank works to add value to their customers to keep moving them forward.</p>.<p>Stanbic Bank reaffirms its commitment to offering innovative processes to better safeguard their customers’ networks, computers, programmes and data from online fraud, attack, damage or unauthorised access with the following tips:</p><ul><li><p>Do not reply to unsolicited email messages asking for personal or financial information!</p></li></ul><ul><li><p>Take extra precautions for logging into bank and other financial accounts.</p></li><li><p>Take precautions if you provide financial account information to third parties online.</p></li><li><p>Periodically check your bank accounts for signs of fraud</p></li><li><p>Install anti-virus software that prevents, detects and removes malicious programs.</p></li><li><p>Do not give out your account number or your password!</p></li><li><p>Use firewall programs to prevent unauthorized access to your PC.</p></li><li><p>Avoid over sharing personal details on social media in risk of identity theft</p></li><li><p>Always log off</p></li><li><p><strong>CONTACT YOUR STANBIC BRANCH IMMEDIATELY IF YOU SUSPECT THAT YOU ARE A VICTIM!</strong></p></li></ul><p>Concluded Mr. Okie, “In today’s world, it’s important for individuals and small business owners to be vigilant in protecting their computer systems and data. Stanbic Bank promotes the safety and efficiency of payment, clearing, settlement and related financial transactions, thereby supporting financial stability for the wider economy.</p><p><strong>ENDS.</strong></p>