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View Full Version : Standard Bank building system to beat SIM-swap fraud - MyBroadband



FraudNews
04-02-2016, 01:30 PM
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MyBroadband (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNHzFJgi1s-C37WEW3AacGGVwdRiEw&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=jsn_VtAPycTeAbi8kdAH&url=http://mybroadband.co.za/news/banking/159666-standard-bank-building-system-to-beat-sim-swap-fraud.html)


Standard Bank building system to beat SIM-swap fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNHzFJgi1s-C37WEW3AacGGVwdRiEw&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=jsn_VtAPycTeAbi8kdAH&url=http://mybroadband.co.za/news/banking/159666-standard-bank-building-system-to-beat-sim-swap-fraud.html)
MyBroadband
Standard Bank is working on an authentication system that does not use SMS or rely on a mobile number. Internet banking fraud that uses a SIM-swap scam, in addition to stolen login credentials, continues to be a problem for clients of South African banks.

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