3 ms·
Is "identity theft" a thing in Kenya? I mean the US meaning is tied up with easy credit, someone else borrows money in your name, and the lender asks few questi
by iguy 8y ago
Is "identity theft" a thing in Kenya? I mean the US meaning is tied up with easy credit, someone else borrows money in your name, and the lender asks few questions until too late for them. I had the impression that places like Kenya there was very little such consumer credit available.
Edit: I guess the other meaning is things like getting a duplicate SIM card to defeat 2FA. I'd imagine that's a problem. Can anyone comment whether such information would make this easier?
- coob 8y ago> Is "identity theft" a thing in Kenya? Yes: https://www.standardmedia.co.ke/article/2001287820/phone-users-losing-millions-through-identity-theft https://www.standardmedia.co.ke/article/2001287820/phone-use...
- iguy 8y agoOK, so breaking 2FA & emptying your account, rather than taking a loan. Would the world with this system (and its inevitable leaks) be worse? What I mean is that replacing a system where e.g. knowing someone's mother's maiden name is enough to get you a SIM card, to one where you have to show up and have the same earlobes... even if, err, the earlobes leak, might be better? Or does getting a SIM card involve an inside man, in which case maybe nothing changes?
- wycliffb 8y agoYes. An example is telco market leader Safaricom.co.ke that rolled out 'voice as password'. Keep in mind most Kenyan transactions these days are in mobile money.