Bank card scam: Crime syndicate targets South Africans using smartphones
As the use of smartphones with near-field communication has increased, so too have related fraudulent incidents.
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As the use of smartphones with near-field communication has increased, so too have related fraudulent incidents.
With cybercriminals becoming more sophisticated, consumers must remain vigilant and take proactive measures to protect themselves.
Phishing is a type of cybercrime in which people are duped into providing sensitive information such as login credentials
Card fraud is a rising risk especially for the elderly who need to remain vigilant when using or managing their bank card.
iAfrica Image: Pexels Share with your network! As we hit the holiday season, it is important to empower yourself to not fall victim to Card Not Present (CNP) fraud, which occurs when neither the card nor the cardholder is present whilst a fraudulent transaction is being conducted. Earlier this year, SABRIC reported that in 2019 Card Not Present (CNP) fraud amounted to 62% of gross fraud losses on South African issued credit cards, and with a debit card amounted to 46.9%. Trish Ramdhani, Head of Fraud at FNB Card s...