How Could We Lower The Risk Of Sim Swap Fraud As Festive Season Approaches?

SIM-swap fraud has been around for decades and according to the latest SABRIC figures, SIM-swap incidents increased 91% year-on-year when looking at digital banking fraud across all platforms. But why, with all the advancements in technology, are we still dealing with this relatively unsophisticated, but rampant fraud type? Lincoln Naicker, product owner at Entersekt, explores how we could lower our risk to this perennial and costly threat.