Fixing South Africa's RICA mess
Taking selfies and using biometrics to verify identities during SIM card registrations could help stop SIM-swap fraud, saving South Africans who bank on their phones billions of rands a year.
This is according to Johan van Graan, a telecommunications security...
SIM-swap fraud skyrockets in South Africa's Covid–19 lockdown
SIM-swap fraud nearly doubled, and digital banking fraud victims lost over R309 million to criminals, according to the latest statistics from the South African Banking Risk Information Centre (Sabric).
Sabric stated that the...