SABRIC media briefing on festive season fraud

  • Date: Nov 25, 2016
  • Categories: news

Still on TSI, as part of our ongoing collaboration with SA Banking Risk and Information Centre (SABRIC), we attended their media briefing on festive season fraud held on 15 November. The objective of the briefing was to inform media and invited delegates about criminal fraudulent activities, and also create more awareness about safe banking ahead of and during the festive season.


SABRIC emphasised that as the year comes to a close, fraudsters take advantage of the fact that consumers receive bonuses, spend more money and are generally more relaxed. The festive season also sees an increase in the use of online banking and card transactions. Other information presented was on tips for safe mobile and internet banking; lost and stolen card fraud; phishing – where fraudsters phones the victim posing as their bank; tips on using cheques safely, and tips for card holders and ATM users. View the full presentation here.