SABRIC finds banking apps linked to R1.7bn in client losses in 2025; digital banking crimes rose to R2.41bn in reported claims, up 29.2% from 2024.
SABRIC figures show bank robberies in South Africa fell to two in 2025 while digital banking crime losses rose to R2.4bn, driven by banking-app and card-related...
The raids across Johannesburg’s northern suburbs were swift, coordinated, and loud. But the operation that led to them was anything but. For five years, in silence...
With festive travel season fast approaching, Discovery Bank is warning South Africans to stay alert as flight scams soar across social media. What may look like...
A shopping giant warns: don’t let scammers in through the front door South Africans have grown used to tightening their belts, but now Woolworths Financial Services...
South Africa’s banks may have tightened their grip on crime, but a new beast is emerging: artificial intelligence-driven scams that are becoming harder to spot and...
If you’ve received a suspicious text or email lately, you’re not alone. South Africans across the country are finding themselves in the crosshairs of a rising...
The South African Banking Risk Information Centre (SABRIC) has issued a stark warning about the surge in AI-powered scams targeting bank customers. Criminals are using advanced...
Discovery Bank has issued an urgent warning to its customers about a new and sophisticated scam involving criminals posing as police detectives. The fraudsters pressure victims...
The South African banking sector has stepped up its efforts to combat financial crime and money laundering by partnering with the Directorate for Priority Crime Investigation...