Newsbreak - Lotus fmNewsbreak - Lotus fm

#PODCAST NFOSA raise concerns over a sharp rise in digital banking fraud complaints #sabcnews

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By Newsbreak Producer Hoosen Ebrahim - Digital banking may be fast and convenient, but it's also becoming a growing target for fraudsters. The National Financial Ombud Scheme has raised the alarm after reporting a sharp rise in digital banking fraud complaints — up by 73% in just the first five months of this year. With virtual cards now being targeted more than traditional ATM cards, consumers are being warned to stay alert and take extra precautions. We take a closer look at the growing threat and what you can do to protect yourself." Lead Ombud Banking and Credit at the National Financial Ombud Scheme (NFO) Nerosha Maseti explains...

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Newsbreak - Lotus fm

Award-winning Current Affairs programme and News talk show. Brought to you by SABC News.
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