Big surge in banking app fraud in South Africa — beware sneaky SIM swaps

Although the number of reported total digital fraud incidents dipped by 18%, gross losses jumped 45% — from roughly R310.48 million in 2020 to about R438.24 million in 2021.

Oct 17, 2022 - 14:55
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Big surge in banking app fraud in South Africa — beware sneaky SIM swaps
Although the number of reported total digital fraud incidents dipped by 18%, gross losses jumped 45% — from roughly R310.48 million in 2020 to about R438.24 million in 2021.

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