Kaya Biz: Sim Swap fraud continues to be on the rise in South Africa
Kaya 959 Reporter SIM-swap fraud continues to grow. Fraudsters poses as the legitimate cellphone accountholder (by using fake identity documents). They request a SIM-swap from the real cellphone accountholder's mobile network provider so that they can have access to their account and number on a different device. Some international reports show close to 100 percent year-on-year growth, and South Africa is seeing the same trend. Lincoln Naicker, product owner at […]