With the recent surge in reports of customers being targeted by fraudsters who steal their hard-earned money, FNB Namibia has expressed concern over the increasing fraudulent tactics aimed at their clients.
The Ministry of Industrialization and Trade (MIT) and the Ministry of Works and Transport (MWT) have cautioned the public and potential investors against a fraudulent bid invitation circulating on social media platforms.
Social engineering attacks such as phishing and scamming are on the increase in Namibia, as many people continue to fall prey to psychological manipulation by being tricked into making security mistakes or giving out sensitive information.
In the wake of a rise in e-wallet scams, First National Bank (FNB) Namibia says a lack of understanding of the role of the one-time pin (OTP) is the leading cause of clients falling victim to conmen.
There are online scammers that have been targeting various Government agencies; one of the most recent is the Ministry of Agriculture, Water, and Land Reform.
nbc News anchor Celma Ndhikwa spoke to Jona Musheko, the Ministry's spokesperson, about recent scams targeting farmers.
The Namibian Police Force (NamPol) is receiving an increasing number of complaints from members of the public who have fallen victim to scams.
The Bank of Namibia (BoN) is warning the public to be on alert as there is an increase in "419 scams", well-known for duping unsuspecting participants of non-existent investment funds into paying a certain amount of money to fraudsters.
