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ALERT: Bank clients cautioned amid SIM-swap attacks

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(iStock)
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Cape Town - Internet fraud remains a concern to the banking industry, said the South African Banking Risk Information Centre (Sabric) in the wake of a possible legal battle over illegitimate SIM-swaps costing customers millions.

The CEO of the non-profit company, focusing on industry efforts in combating bank-related crime, appealed to clients to be vigilant.

READ: SIM-swap scams: How Vodacom protects you

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