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n Personal Finance Newsletter - Preventing SMS banking scams : your money

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Abstract

SMS one-time passwords are not secure. This has come to light following the arrest of two members of an SMS banking fraud syndicate - a Vodacom technician and his co-accused - who have been charged with fraud involving more than R7 million and contravening the Electronic Communications Act.

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/content/monpf/2009/343/EJC77683
2009-08-01
2016-12-04
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