Evina
Vodacom SA Partners Cybersecurity Firm Evina to Fight Mobile Fraud
Image sourced from SABC News. Vodacom, one of SA’s leading network providers, has announced a partnership with mobile payments cybersecurity company, Evina, in a major step forward in mobile user safety. According to a statement from Vodacom, mobile users in Africa’s most advanced economy will now join the ranks of the tens of millions of consumers globally that are protected daily by Evina’s payments technology. In recent years, the South African mobile industry has attracted a large number of fraudsters leading to a substantial increase in user complaint rates. These frequent fraudulent attacks are due to the fact that a large number of the African population uses a cellular phone, especially as a mobile payment method. Fraudsters are never far from where mobile transactions are. In Sout...
Top 3 African Countries Hit by Mobile Fraud
Kenya, South Africa and Cameroon are said to be the top three hot spots for mobile fraudsters – according to cybersecurity company, Evina. These African countries face suspicious mobile-based billing transactions of 51%, 30% and 10%, respectively. “Africa’s youthful population that is mostly unbanked and using some 900 million mobile money accounts is particularly hard-hit by professional cybercriminals from around the world, who together cost Africa some $4 billion every year,” says David Lotfi, CEO of Evina. Fraudsters are impacting the long-term sustainability of the digital advertising and mobile payments industries, in particular, by perpetrating thousands of mobile-based fraud attempts daily. Direct Carrier Billing (DCB) where users are billed for purchases directly on their ph...
South Africa is Facing a “Massive” Mobile Fraud Problem, says Expert
Anti-fraud firm, Evina has determined that one out of every three mobile subscription attempts in South Africa is fraudulent. The company believes that South African cellular users are very often subscribed to mobile services without their consent. After Kenya, South Africa is the African country most affected by fraud that daily fleeces millions from the mobile accounts of cellular users around the globe. “As Africa’s most advanced economy, it is particularly tragic that South African mobile users are falling victim to subscription frauds that are well managed in many other countries,” says David Lotfi, CEO of Evina. This at a time when locals are under significant financial pressure following the worst of the COVID-19 pandemic. Fraud is not treated seriously enough by the various mobile ...
25 Apps That Could Steal Your Facebook Credentials
Sourced from Gadgets Now. New and useful apps pop up in app stores every single day – and while it’s the responsibility of the company’s who own and manage the stores to ensure that their users are protected from threats, some rogue apps still manage to slip through the cracks. Anti-fraud firm, Evina has uncovered a number of android apps that are capable of stealing their users’ Facebook credentials. These apps had a new sort of malware embedded within them that would give bad actors an opportunity to target the users. “This new malware is particularly dangerous as it could effectively ruin your online and offline life by making off with the credentials of one of your most valued pieces of digital real estate,” says Evina CEO, David Lotfi. “Worse still, it is embedded in a whole range of ...
New Malware Steals Facebook Credentials from African Mobile Users
Sourced from Republic Title Anti-fraud firm, Evina has revealed that a certain malware uses javascript to retrieve the login credentials of Facebook users. The company confirms that social media users in Africa are amongst those who have been targeted. This malware launches a browser that loads Facebook at the same time a mobile user is trying to open the platform – by displaying in the foreground, the user believes the fraudulent browser is legitimate. Malware and ransomware that targets hundreds of millions of mobile users worldwide can have devastating personal, productivity and financial consequences. “This new malware is particularly dangerous as it could effectively ruin your online and offline life by making off with the credentials of one of your most valued pieces of digital real ...
