Criminals are getting smarter about how they commit fraud. They are not just looking for computer weaknesses.
Instead, they are using people's feelings like trust, fear, and a sense of urgency to trick them. This is according to Moses Tetteh, Senior Manager for Financial Crime at Mobile Money Fintech Limited.
Tetteh spoke about this on a program called Asaase Townhall Talk. He explained that these fraudsters understand human behaviour very well.
They use this understanding to manipulate victims into giving up money or personal information. This method focuses on psychological tricks rather than technical hacking.
The expert highlighted that this approach is becoming more common in financial crime.
He advised people to be aware of these tactics. Always question urgent requests for money or personal details.
Tetteh's comments come as mobile money transactions continue to grow in Ghana.
Financial institutions are working to educate the public about these evolving fraud methods.