The South African Banking Risk Information Centre warned on Friday that local banks are under sustained distributed denial-of-service attacks, targeting “various public-facing services”.
Browsing: Susan Potgieter
Despite the introduction of Europay, MasterCard and Visa chip cards by South Africa’s banks, fraudsters continue to clone the cards to use them in countries that haven’t implemented the EMV standard for card payments. Until the banks stop
Credit and debit card fraud have declined nationally, the SA Banking Risk Information Centre (Sabric) said on Tuesday. Credit card fraud between January and September this year, totalling R300,6m, dropped by 18% compared to the same period
Counterfeit card fraud, especially as a result of card skimming, is on the increase again, according to the SA Banking Risk Information Centre (Sabric). And consumers with chip-and-pin cards shouldn’t assume they are protected