Absa warns of upsurge in digital banking fraud cases

 

Absa has urged customers to always be vigilant against any attempt to dupe them into handing over their “keys to the safe” – card PIN, card CVV, card One Time PIN (OTP), online banking PIN, online banking Password – to third parties.  There is an upsurge in social engineering globally, it said. “Fraudsters use personal data from data breaches to impersonate banks with the sole purpose of tricking customers into granting them access to their money and bank accounts.”

 

Read the article over at BusinessTech over here.