South African Banking Risk Information Centre
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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.

Jan 14, 2020

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.

Jun 27, 2019

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.

Sep 28, 2018

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.

Aug 14, 2018

Sabric allays fears about tap-and-go risks

A video trending on social media created the incorrect impression that tap-and-go cards are easy to exploit by criminals, says Sabric.

May 9, 2018

EC-Council, NEWORDER fight cyber crime

The companies are working together to thwart cyber crime in SA.

Jul 27, 2017

Without biometrics, a digital identity can be easily hacked

Card and PIN authentication is in dire need of a security revolution, says Greg Sarrail of HID Global.


Disturbing facts about cyber crime in SA

Executives must prepare to fight the flood of breaches, hacks and scams that are drowning today's businesses, says Guy Whitcroft, CEO at Westcon-Comstor Southern Africa.


Financial attacks increase by 16%

Financial malware has increased by 15.6% due to two leading banking Trojans: Gozi Trojan and Nymaim Trojan, says Kaspersky Lab.


Biometrics saves banks millions

The Lumidigm multispectral imaging technology can read fingerprint patterns under the skin, says Nick Perkins, divisional director: Identity Management at Bytes.

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