Monday, April 29, 2024

Fraud ‘viral’

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Fraud is on the increase in Barbados wherever you look, says a cybersecurity specialist.

David Gittens, immediate past president of the Barbados chapter of the Information Systems Security Association, made the statement yesterday at a two-day seminar on fraud management and control held by the Barbados chapter of the Institute of Internal Auditors at the Accra Hotel.

He said individuals and businesses should be on the alert.

While not able to give figures, Gittens told the MIDWEEK NATION later that the consensus among people involved in auditing, security and crime prevention was that fraud in Barbados was “very high and rising”.

He said cybercrime, in particular, was on the increase, as was the issuing of fraudulent cheques, identity theft, ATM skimming, webmail fraud and infiltration of third party providers.

Please read the full story in today’s Midweek Nation, or in the eNATION edition.

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