sim Sswap

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Local

SA sim-swap fraud more than doubles in a year: SABRIC

LOCAL Sim-swap fraud in South Africa has more than doubled within a year. This is according to the South African Banking Risk Information Centre (SABRIC) 2021 report. According to SABRIC, nearly 4 400 incidents were recorded, representing a 63% increase, costing victims an average of R17 800. SABRIC says despite the uptick in SIM-swap fraud, digital channels remain the safest option when dealing with money in the country. The following […]

today24 October 2022

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