Digital wallet users warned about securing their accounts

Daniel Puchert

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Digital wallet warning for South Africa

South African Banking Risk Information Centre (Sabric) CEO Nischal Mewalall says banking customers who use digital wallets should focus on securing their accounts and devices rather than avoiding the technology.

Speaking to Cape Talk, Mewalall said that while criminals will always find a way to breach systems as technology evolves, tap-to-pay and digital wallet systems aren't a significant concern for his organisation.
 
Idiots will still hand over their card details to criminals, you cant fix stupid regardless of how many warnings you give to the public.
 
Forget about security, criminals will still chop off your finger. Get a dumb phone that can only do sms and make calls that you carry with you, perhaps with builtin watseaap. Even saves you from getting a dual sim.
 
Forget about security, criminals will still chop off your finger. Get a dumb phone that can only do sms and make calls that you carry with you, perhaps with builtin watseaap. Even saves you from getting a dual sim.
Built in what?
 
Forget about security, criminals will still chop off your finger. Get a dumb phone that can only do sms and make calls that you carry with you, perhaps with builtin watseaap. Even saves you from getting a dual sim.

And they'll just make you log into internet banking and then clear it out anyway.

Makes all the sense in the world to inconvenience yourself like that daily...for what is likely to never ever happen.
 
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