Cyber Crime

While other banking-related crimes increased in 2018, there were drops in cash-in-transit (CIT) heists by 22% and ATM attacks by 7%. “We are pleased that cash-in-transit (CIT) robberies decreased by 22% from 376 to 292 incidents from 2017…

Hackers using state-of-the-art technology stole and defrauded South Africans out of R250-million in a single year. The South African Banking Risk Information Centre (Sabric)‚ in releasing the country’s latest digital banking crime…