As more individuals and local businesses transition to conducting financial transactions online, cybersecurity specialist Denfield “Cadette” Morris has issued a stern warning regarding the sharp rise in sophisticated online threats, particularly phishing scams.
Morris believes digital literacy plays a key role in protecting consumers and safeguarding the financial system from cybercriminals.
Addressing the issue during panel radio discussion Morris said phishing attacks typically occur when fraudsters send fraudulent communications disguised as legitimate institutions – such as commercial banks, credit unions, government agencies, or online retailers – to trick victims into revealing sensitive personal and financial details.