SABRIC’s latest annual crime statistics show digital banking fraud increased by 33% between 2019 and 2020, while debit card fraud rose by 22%. According to a cybercrime expert, in South Africa, a single day of cybercrime equivalent to a year’s worth of cash-in-transit heists.
IRS Financial investigator, Chad Thomas, says it is estimated that by the end of this year, cybercrime would have affected the world to the tune of $ 6.5 trillion.
It is further estimated it is costing South Africa over R2 billion a year. The rise in cybercrime has been attributed to changes in consumer behaviour, helped by strict COVID-19 regulations.
Criminals change their ways as quickly as authorities can crack down on them. The most important advice is for consumers themselves to be vigilant.
Source: eNCA
In other news – Simz Ngema Says she is gonna make a great wifey
Actress and musician Simphiwe ‘Simz’ Ngema has shut down Instagram with her views and whether people like what she says or not, sis will speak her truth and at this point, we have detected any lies.
Simz took to Instagram to share, “He who finds a wife finds a good thing” she’s a wife before you find her and make her yours. (Read that again) you see. Learn more
