Bank card scams in Cameroon: Already 6 billion FCFA in loss revealed by ANTIC in 2019
According to the National Agency for Information and Communication Technologies (ANTIC), the phenomenon of credit card fraud is one of the most common cybercrimes in Cameroon:
• Banks and individuals deplore damage perpetrated by hackers. By a process that consists of fraudulently recovering an individual's data, duplicating them to debit the accounts of victims. The other process is to retrieve information on photos of bank cards made available to relatives on social networks, in particular by WhatsApp, Facebook Messenger, Instagram, etc., to make purchases freely online, which obviously induces regular debits on victims' accounts.
• As a reminder: In 2010, a local bank declared the loss of 3 billion FCFA, following fraudulent operations and the same amount was lost in 2015.
