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Criminals targeting bank accounts taking South Africa by storm | SA News

Caitlyn Hilliard-Lomas
 ·12 Apr 2026

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The South African Banking Risk Information Centre (SABRIC) reported that digital bank fraud has more than doubled in recent years.

Capitec, the biggest bank in South Africa by customer numbers, told MyBroadband that it has faced a large increase in scam and fraud cases over the last few years.

The bank responded by introducing various measures to protect its clients, including AI-powered warnings, in-app real-time call identification, and proactive protection…

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  2. Fun South African Fact: Some of the earliest evidence of human evolution has been unearthed at fossil sites northwest of Johannesburg in the Sterkfontein Caves! Archaeologists have discovered human remains here, some of which are more than 2 million years old! These discoveries have earned the area the title of “the Cradle of Humankind” which is now a UNESCO World Heritage Site.