SABRIC Report: Financial crime led to over R3bn loss in 2023

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SABRIC Report: Financial crime led to over R3bn loss in 2023
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Financial crime is up, with card fraud and digital fraud reporting the highest increase in 2023 – find out how you don’t also become a victim.

The South African Banking Risk Information Centre , released their 2023 Annual Statistic Crime Report on 21 October 2024, highlighting that the considerable spike in financial crime “has resulted in the loss of almost R3.3 billion.”

Securing your devices by using software such as anti-virus or malware, activating your firewall and blocking spyware attacks.Protecting your data and electronic identity by not giving out personal information and financial records online.Chiefs’ 4-0 thrashing by Sundowns serves as a wake-up call for Nabi, who vows to use the defeat as a learning curve for two problems.

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