Advertisement

Fraud backlog cut in half - NCB

National Commercial Bank has announced that its backlog of fraud cases under investigation was cut in half after implementing two anti-fraud measures.
 
CEO of NCB, Bruce Bowen says incidents of fraud have fallen significantly since last November and the month-or-more delay in investigating fraud cases has been reduced to a maximum of two weeks.
 
Over the last six months, NCB said it put in controls that have reduced smishing, which are infected text messages that purport to come from the bank but are designed to steal account information.


comments powered by Disqus
Most Popular
Veteran track and field analyst Hubert...
Airport passengers left frustrated as system...
BOJ says forex market still relatively stable