Mobile phones used for Mobile Money fraud to be blocked – MTN CEO
Phones that are used for Mobile Money fraud will be blocked
The Chief Executive Officer of MTN Ghana, Selorm Adadevoh has hinted during the Editors’ Forum organized by MTN Ghana that cellphones used to commit mobile money fraud in Ghana risk being blocked across all networks in Ghana.
Selorm Adadevoh noted that the cross-mobile Network Operator blocking a fraudster’s International Mobile Equipment Identity (IMEI ) system means a blocked or blacklisted phone will not operate on any cellular network in the country.
As explained by the CEO at the editors’ forum, MTN has instituted denial of PIN reset for 48 hours after SIM swap. This, the CEO revealed that as part of the measures for the MTN’s cyber ecosystem, it is also deploying Artificial Intelligence (AI) and Machine Learning (ML) technology for predictive fraud analysis and prevention to boost the existing security measures.
There is also the deployment of advanced and dynamic SMS filtering solutions and real-time validation of Identifications during onboarding of customers all aimed at improving the cyber safety of Customers.
The company also seized that opportunity to brief the media which included both state-owned and private media personnel about the company’s performance over the past year.
It was also a great opportunity for the participants to sharpen their understanding of the company’s operations.
By: Elisha Aberiganya | Follow us on Twitter @activtvgh
