#TrendTuesday Festive Season Scams: Protect Your Money

 

Trend Tuesday

South African digital banking losses climbed from approximately R1.9 billion in 2024 to R2.4 billion in 2025, according to SABRIC, and the festive season is when scammers and cybercriminals strike hardest. With online shopping, travel bookings and digital payments all on the rise, both individuals and businesses are more exposed than at any other time of year.

Manqoba Mngomezulu, Chief Operations Officer of the CyberM8 Initiative and Director at Inpassion Cybersecurity, joins the show to help us stay one step ahead. A cybersecurity professional with experience dating back to 2008 across telecommunications, non-profit organisations and business, he specialises in cybersecurity consulting, IT risk management, PCI DSS and POPIA compliance, and holds CISM and SCF-SABSA certifications. He is also a member of ISACA and the author of several cybersecurity books, including the bestselling Bring Back My Identity.

Before you shop, book or pay this festive season, find out how to protect your money, your identity and your peace of mind.

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