SA Bank Fraud Attempts Surge

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A new BioCatch report reveals that South Africa is facing one of the world’s fastest‑rising fraud landscapes, with 75% of banks reporting increased attacks and 81% losing more than $5 million annually. Alex Robinson, Director of Global Advisory at BioCatch, joins Kaya Biz to unpack the rise of social engineering, AI‑driven scams, SIM swaps, and what consumers must do to protect themselves in real time.
21 May English South Africa Business

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