In a world where fraudsters are becoming sharper, faster and more innovative, organisations everywhere are being forced to strengthen their defences and Eswatini is no exception.
Every day, people fall victim to scams that arrive through phone calls, SMSes, emails, social media and even trusted acquaintances.
As technology advances, so do the tricks used by criminals, making fraud one of the most pressing risks facing households and businesses today. That is why initiatives like International Fraud Awareness Week are more important than ever.
They remind us that protecting our money, our data and our identity is no longer something we can leave to chance or to financial institutions alone.
This is why Swaziland Building Society (SBS) stepped forward to join the global fight against fraud, standing with organisations around the world to promote awareness, education and vigilance.
The heart of this year’s Fraud Awareness Week theme captures this perfectly: ‘Preventing fraud is a team effort – don’t sit on the sidelines.’ It pushes each of us; from staff, to customers, to everyday emaSwati, to take an active stance. Understanding how fraud works, recognising the signs and knowing what to do when something feels off can be the difference between safety and regret.
With that spirit of unity and vigilance, SBS joined the International Fraud Awareness Week from Monday to Friday, November 21, embracing the week with impactful initiatives designed to educate, empower and protect both staff and customers. This theme emphasises that fraud prevention is a shared responsibility and encourages everyone to take an active role in combating fraud by being vigilant and acting.
This year’s theme emphasises on the following:
Emphasis on teamwork: The theme stresses that fraud is a collective problem that requires a collective solution. It highlights the importance of working together to prevent it.
Call to action: It serves as a direct call to action, urging individuals to get involved and not be passive bystanders. It encourages people to be proactive in identifying and stopping fraudulent activities.
Broader implications: The message extends to all sectors-public, private and personal. It applies to both individuals and organisations, suggesting that everyone has a role to play in strengthening defences against fraud.
SBS Manager Fraud Risk Sphalele Magagula said the s ociety participated in the week by sending daily communication to staff members.
Internal fraud competition
Anti-fraud heroes (staff members that have done acts to avert fraud or demonstrated eagerness in fraud prevention initiatives).
Customers will be cautioned via SMSes on Black Friday scams.
Through these activities, SBS reaffirmed its commitment to protecting its customers and strengthening a culture of awareness. Fraud may be evolving, but with teamwork and vigilance, it can be prevented.
Leave a comment