Newsbreak - Lotus fmNewsbreak - Lotus fm

#PODCAST South African consumers lose R2-billion to online scams as festive season fraud surges #sabcnews 

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by Newsbreak Producer, Tashlan Naidoo - South African consumers have lost around two-billion rand to online scams over the past year. This is according to the South African Banking Risk Information Centre (SABRIC), who say the number could be much higher due to some cases not being reported. Insurance Company, iTOO Special Risks are warning consumers to be extra cautious when shopping online and to verify should a deal seem too good to be true. Product Head for Cyber, Lwando Cwane says they have noticed a significant uptick in such crimes occurring during the festive season as people look to get last minute shopping done....

 

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Newsbreak - Lotus fm

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