Page 20 - Woman to Woman Magazine: Special Edition 2020

BANKING

Information Security

Stanbic Bank Botswana · Take extra precautions for
logging into bank and other
financial accounts.
Encourages Batswana · Take precautions if you provide
financial account information
to Guard Against Cyber · Periodically check your bank
to third parties online.
accounts for signs of fraud
Crime · Install anti-virus software that
prevents, detects and removes
malicious programs.

tanbic Bank Botswana “In today’s world, it’s
continues to embrace digital
platforms and further aims important for individuals
Sto ensure that its customers and small business
are always cognisant of safety and owners to be vigilant
security. Leading up to the season in protecting their
of festivities and spending, the Bank computer systems
encourages Batswana to remain vigilant and data. Stanbic
and resolute against cybercrime Bank promotes the
threats.
safety and efficiency
There has been greater dependency of payment, clearing,
on digital platforms following the settlement and related
COVID-19 pandemic, resulting in financial transactions,
susceptibility to cybercrime. These thereby supporting
crimes entail criminal activities carried financial stability for the
out by means of computers or the wider economy,”
Internet. The issue of cybercrime has
become more prevalent with greater
global conversation around threats and
opportunities for data management,
cyber engagement and information Safe banking is a priority at Stanbic • Do not give out your account
security. Globally, cybercrime has now Bank Botswana, with the Bank offering number or your password!
surpassed illegal drug trafficking as products such as 3D Secure, which offers · Use firewall programs to prevent
a criminal moneymaker, and reports customers the peace of mind to transact unauthorized access to your PC.
indicate that identity theft occurs every swiftly and effectively online, knowing full · Avoid over sharing personal
3 seconds as a result. well that the bank has their security at top details on social media in risk of
of mind. This is one of the ways in which identity theft
Stanbic Bank Head of Operational the Bank works to add value to their · Always log off
Risk, Thabo Okie said, “Modern day customers to keep moving them forward. CONTACT YOUR STANBIC BRANCH
consumers increasingly rely on the IMMEDIATELY IF YOU SUSPECT
Internet for everything from shopping, Stanbic Bank reaffirms its commitment THAT YOU ARE A VICTIM!
banking and bill payments. While the to offering innovative processes to “In today’s world, it’s important for
benefits of faster and more convenient better safeguard their customers’ individuals and small business owners
‘cyber’ services are clear, the strategies networks, computers, programmes to be vigilant in protecting their
for preventing online fraud and theft and data from online fraud, attack, computer systems and data. Stanbic
may not be as well-known by many damage or unauthorised access with Bank promotes the safety and efficiency
bank customers. Incidents of cyber the following tips: of payment, clearing, settlement and
fraud are of significant concern for the related financial transactions, thereby
bank which is why we continue working • Do not reply to unsolicited email supporting financial stability for the
to educate our customers on ways to be messages asking for personal or wider economy,” concluded Okie.
safe with their online transactions.” financial information!

20 Noble Magazine // 2020 Special Edition