Card cloning fraud cases on the rise

THE Zimbabwe Information and Communication Technologies (ZICT) says 154 cases of bank card cloning have been reported in the country so far as more people use electronic payment systems in the absence of cash.

Card cloning, fraud, identity theft, money-laundering through electronic vandalism, among others, are the most common cybercrimes in Zimbabwe, according to the Reserve Bank of Zimbabwe (RBZ).

Since 2016, cybercrimes have gradually risen, driven by the rapid adoption of plastic money as 95% of the country has now gone cashless, owing to persistent cash shortages.

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