Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  NAIROBI STOCK EXCHANGE  >  Safaricom Plc    SCOM   KE1000001402

SAFARICOM PLC (SCOM)
Mes dernières consult.
Most popular
  Report  
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
The feature you requested does not exist. However, we suggest the following feature:

Safaricom : Telco staff, Jkuat student arrested over SIM card fraud

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/21/2018 | 08:58am CEST

Detectives have arrested two people, a Safaricom employee and a university student, in connection with SIM card fraud.

The Directorate of Criminal Investigations (DCI) said in a tweet that among the items that were seized from the suspects on Friday were 2,160 unused Safaricom SIM cards and three M-Pesa Safaricom booklets.

The items recovered following the arrest are: “One Laptop make Apple, 2,160 unused Safaricom SIM cards, 44 used Safaricom SIM cards, 5 till agent numbers, 3 M-Pesa booklets, internet booster router, two mobile phones — a blackberry and Samsung J7.”

The suspects have been identified as Mr Maurice Musoti, who is said to be a Safaricom employee, and Mr Rian Abaga Nyagaka, a fourth year engineering student at the Jomo Kenyatta University of Agriculture and Technology.

CA WARNING

Their arrest comes two days after the Communication Authority of Kenya warned mobile phone users against disclosing sensitive personal identification information (PIN) to third parties, amid widespread reports of SIM card swap fraud.

In the SIM card swap fraud, the fraudster usually makes a call pretending to be an employee of a mobile network operator.

When a mobile user picks the call, the fraudster then asks the unsuspecting mobile subscriber to share their information such as their national ID number, mobile money PIN, or SIM card PIN, among others.

After obtaining the information, the fraudster then goes ahead to swap the SIM card— thereby gaining access to all the SIM services, including mobile money transfer, mobile and internet banking, voice calls, SMS, data services and any other service that can be accessed through the SIM.

SAFARICOM CAUTION

But Safaricom has said that the network does not solicit for personal information from its subscribers for whatever reason.

In a statement, the director of risk management at Safaricom Nicholas Mulila urged customers to call the provider through its customer care lines 100 or 200 for clarification and assistance whenever in doubt of any transaction.

“As a precautionary measure against social engineering, enabled by sharing of personal details, we would also like to remind our customers to safeguard information such as SIM and M-Pesa PINs, dates of birth and national ID numbers,” Mr Mulila said.

It is believed that these crafty criminals collude with insiders within the service provider to ask for personal information about subscribers’ accounts before defrauding them and blocking their SIM cards.

The mobile service provider has also cautioned its subscribers against responding to calls by people purporting to be from Safaricom if the caller ID is any other number besides its official number: 0722 000 000.

Customers have also been advised to report such cases to the police as soon as they occur.

Already, the DCI has launched an inquest into this scheme through which unsuspecting Kenyans have been losing their hard-earned money.

A survey conducted in 2017 by Truecaller revealed that Kenyan mobile phone subscribers were among those who are highly targeted by fraudsters in Africa.

The report titled, Truecaller Insights Special Report: The Top 20 Countries Affected by Spam Calls, also showed a decline in telephone etiquette despite the expanding subscriber base.

(c) 2018 Nation Media Group. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SAFARICOM PLC
08:58aSAFARICOM : Telco staff, Jkuat student arrested over SIM card fraud
AQ
07/20SAFARICOM : Will M-Pesa replicate its success in Ethiopia’s economy?
AQ
07/20SAFARICOM : Rising concern over Kenya SIM swap fraud
AQ
07/19SAFARICOM : How Safaricom’s Twaweza is changing lives
AQ
07/19SAFARICOM : Twaweza Live at the coast
AQ
07/18SAFARICOM : Airtel eats into Safaricom, Telkom Kenya’s market
AQ
07/17EXCLUSIVE : Kenya's Safaricom taking M-Pesa to Ethiopia, sources say
RE
07/17KENYA : Mobile phone penetration at 95.1 percent - Report
AQ
07/17SAFARICOM : in 'advanced talks' to take M-Pesa to Ethiopia
AQ
07/17VODAFONE : Safaricom in Talks to Introduce M-Pesa to Ethiopia -Reuters
DJ
More news
Financials (KES)
Sales 2019 257 B
EBIT 2019 88 623 M
Net income 2019 61 705 M
Finance 2019 16 633 M
Yield 2019 4,55%
P/E ratio 2019 18,64
P/E ratio 2020 16,39
EV / Sales 2019 4,49x
EV / Sales 2020 4,04x
Capitalization 1 172 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 11
Average target price 28,4  KES
Spread / Average Target -0,51%
EPS Revisions
Managers
NameTitle
Robert William Collymore Chief Executive Officer, MD & Executive Director
Nicholas Nganga Chairman
Steve Okeyo Director-Regional Sales & Operations Division
Govinder Sateesh Kamath Chief Financial Officer
Thibaud Rerolle Director-Technical & Information Technology
Sector and Competitors
1st jan.Capitalization (M$)
SAFARICOM PLC11 666
BHARTI AIRTEL-35.37%20 058
MTN GROUP LIMITED-21.21%14 881
1&1 DRILLISCH-26.78%10 377
DIGI.COM BHD--.--%8 877
FAR EASTONE TELECOMMUNICATIONS CO., LTD.--.--%7 831