Cran, MTC, BoN urge vigilance amid ongoing vishing scams

Despite mandatory subscriber identification module (SIM) registrations, Namibians face an increase in ‘vishing’ scams, with regulatory authorities, network providers and financial institutions continuing to urge customers to remain vigilant.

Vishing, or ‘voice phishing’, involves scammers using phone calls to deceive individuals into disclosing sensitive information, transferring money or granting account access. This technique relies mostly on psychological manipulation.

Consumers frequently lose money and sensitive information to these scams, with police reports regularly confirming ongoing incidents. In the past two weeks, the police documented two cases where individuals were defrauded by vishing scams.