Experts are warning of a spike in fraud targeting retirement funds with the Two Pot system arriving on 1st September. The system will enable withdrawals of up to a third of your retirement contributions once a year from R2,000 up to the full balance of your savings pot. But without advanced biometrics, the security of such withdrawls can be compromised. Experts say Signatures on forms can be faked, OTPs intercepted, and legacy biometrics can be spoofed with today's sophisticated AI tools. 

<p>Experts are warning of a spike in fraud targeting retirement funds with the Two Pot system arriving on 1st September. The system will enable withdrawals of up to a third of your retirement contributions once a year from R2,000 up to the full balance of your savings pot. But without advanced biometrics, the security of such withdrawls can be compromised. Experts say Signatures on forms can be faked, OTPs intercepted, and legacy biometrics can be spoofed with today's sophisticated AI tools. </p>

Current Affairs programme which provides listeners with the latest local and International news hosted by Elvis Preslin. Tune in 104-107 every Saturday and Sunday morning from 6 to 7 am

Current Affairs programme which provides listeners with the latest local and International news hosted by Elvis Preslin.

The Weekend View

This programme provides listeners with local and international news on Saturday and Sunday, hosted by Sebenzile Nkambule and Bongiwe Zwane. Listen to SAfm 104-107 Saturdays and Sundays from 6 to 7 a.m.

<p>This programme provides listeners with local and international news on Saturday and Sunday, hosted by Sebenzile Nkambule and Bongiwe Zwane. Listen to SAfm 104-107 Saturdays and Sundays from 6 to 7 a.m.</p>

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