n Without Prejudice - SIM swap fraud : no way out? : financial law
|Article Title||SIM swap fraud : no way out? : financial law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Jul 2014|
|Pages||32 - 33|
In 2011, a little under a hundred cases of SIM swap fraud were reported. Last year, this number swelled to just under one thousand, representing an increase of over 900% in reported cases of SIM swap fraud. Perilous times appear to be on the horizon for South Africa as the safety of mobile banking and the institution of e-commerce as a whole is threatened by these insidious scams.
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