Increase in digital bank fraud as criminals cash in on pandemic: Sabric

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Increase in digital bank fraud as criminals cash in on pandemic: Sabric
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With more South Africans shopping and transacting online during the Covid-19 pandemic, there has been a significant increase in digital banking fraud.

The City of Johannesburg received a bitcoin ransom note from the Shadow Kill Hackers after a computer network breach.

“It triggered changes in human behaviour, human movement and policing, creating new opportunities for criminals which significantly impacted the number of crime incidents.” Contact crime was impacted by the restriction of movement and visible policing, resulting in a decrease in incidents.

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