SIM-swap fraud is alive and well
Better co-operation between MNOs is needed when on-boarding customers, says Entersekts's Lincoln Naicker.
Experian struggles to quell breach as data leaked again
The Information Regulator is shocked the credit bureau’s customer data was leaked on Telegram, in a third incident where Experian’s data was compromised.
Pandemic loneliness accelerates catfishing scams in SA
A huge increase in online dating cons over the course of the pandemic saw South African victims lose around R134 million in 2020.
TransUnion tech helps protect clients affected by data leak
Ford Credit and Absa deploy TransUnion’s identity theft technology to safeguard the personal data of customers affected by a data leak.
Experian hacked, 24m personal details of South Africans exposed
The consumer credit reporting company confirms that the breach has been reported to law enforcement and the appropriate regulatory authorities.
Partnership to set up centralised fraud database in SA
The South African Fraud Prevention Service teams up with OneVault to use passive voice biometrics to combat fraud in the country.
COVID-19 outbreak gives rise to opportunistic scammers
Sabric warns consumers that cyber criminals are exploiting the coronavirus outbreak to spread an array of online scams.
SA banks not impacted by Russian hacking group
There has been no impact on South African banks despite reports that a hacking group is targeting African banks, says Sabric.
Fraudsters also prefer digital banking
Fraud incidents across digital banking platforms in SA amounted to almost R263 million in losses in 2018, with USSD and SIM swap crimes taking the biggest slice.
SA sees rise in online banking, SIM swap fraud: SABRIC
In 2017 digital banking cyber crime cost the local banks more than R250 million in gross losses, says SABRIC.
Would you give up coffee for data security?
Around 70% of survey respondents believe there is not much they can do to protect their personal information, reveals a Mastercard study.