DStv Channel 403 Friday, 22 November 2024

Fraud prevention service stats show increase

JOHANNESBURG - Experts say the South African fraud landscape is rising at alarming levels.

The 2024 fraud statistics show a 32% increase in the number of fraud incidents reported to the Southern African Fraud Prevention Service in 2023. 

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Those figures also reveal a 62% increase in fraud listings. 

InfoQuest, a South African online research company, surveyed 1,000 consumers to explore how many had fallen victim to banking fraud. 

Lynette Nicholson from infoQuest spoke to eNCA. 

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