South African Banking Risk Information Centre
latest news & developments
Experts warn of security threats brought by load-shedding
House burglaries are on the rise and the banking sector and cash distribution industry consider the risks
Sabric stays mum on R42m Postbank heist
The South African Banking Risk Information Centre says it is unable to comment on the recent hi-tech cyber heist of R42-million from the Postbank.
Bank client robberies on the rise
Robberies targeting bank clients withdrawing large amounts of cash have increased, the South African Banking Risk Information Centre has said.
‘Phishing’ expeditions on the increase
The number of schemes to fraudulently obtain information from internet banking users has grown, the SA Banking Risk Information Centre says.
Card fraud continues to hit banking industry
Credit card fraud continues to hit South Africa’s banking industry, the South African Banking Risk Information Centre said on Monday.
Increase in credit-card fraud ‘frightening’
Credit-card fraud cost SA R420-million in the past year and has increased by 146%, the South African Banking Risk Information Centre says.
ATM bombers: the pros move in
So futile and low-tech was the exercise back in 2004 that just five attacks using explosives took place countrywide in that year.
Tax-refund scam hits consumers
Con-artists posing as South African Revenue Service (Sars) officials are trying to take tax refunds back from an unsuspecting public, the South African Banking Risk Information…
ATM crime explodes in South Africa
Eight ATMs have been bombed in South Africa in less than a week, an escalating trend that has become a nearly daily offence in the crime-ridden country, police said on Monday.…
The greedy and their money are easily parted
In one day I received three emails telling me I had won money: the first, from international payment company PayPal, informed me that someone I had never heard of had paid me…