20°C / 22°C
  • Wed
  • 26°C
  • 14°C
  • Thu
  • 26°C
  • 12°C
  • Fri
  • 26°C
  • 13°C
  • Sat
  • 29°C
  • 11°C
  • Sun
  • 27°C
  • 14°C
  • Mon
  • 29°C
  • 15°C
  • Wed
  • 23°C
  • 15°C
  • Thu
  • 21°C
  • 15°C
  • Fri
  • 22°C
  • 16°C
  • Sat
  • 19°C
  • 14°C
  • Sun
  • 19°C
  • 13°C
  • Mon
  • 19°C
  • 13°C
  • Wed
  • 26°C
  • 16°C
  • Thu
  • 27°C
  • 15°C
  • Fri
  • 28°C
  • 14°C
  • Sat
  • 29°C
  • 13°C
  • Sun
  • 29°C
  • 15°C
  • Mon
  • 32°C
  • 17°C
  • Wed
  • 25°C
  • 15°C
  • Thu
  • 27°C
  • 13°C
  • Fri
  • 26°C
  • 13°C
  • Sat
  • 30°C
  • 11°C
  • Sun
  • 30°C
  • 15°C
  • Mon
  • 31°C
  • 16°C
  • Wed
  • 25°C
  • 20°C
  • Thu
  • 23°C
  • 19°C
  • Fri
  • 22°C
  • 19°C
  • Sat
  • 23°C
  • 19°C
  • Sun
  • 23°C
  • 18°C
  • Mon
  • 21°C
  • 18°C
  • Wed
  • 19°C
  • 16°C
  • Thu
  • 20°C
  • 15°C
  • Fri
  • 22°C
  • 17°C
  • Sat
  • 18°C
  • 14°C
  • Sun
  • 19°C
  • 14°C
  • Mon
  • 18°C
  • 13°C
  • Wed
  • 25°C
  • 12°C
  • Thu
  • 23°C
  • 11°C
  • Fri
  • 27°C
  • 14°C
  • Sat
  • 23°C
  • 11°C
  • Sun
  • 21°C
  • 10°C
  • Mon
  • 23°C
  • 8°C
  • Wed
  • 22°C
  • 14°C
  • Thu
  • 19°C
  • 14°C
  • Fri
  • 21°C
  • 15°C
  • Sat
  • 19°C
  • 13°C
  • Sun
  • 17°C
  • 12°C
  • Mon
  • 18°C
  • 11°C
  • Wed
  • 28°C
  • 16°C
  • Thu
  • 29°C
  • 15°C
  • Fri
  • 29°C
  • 15°C
  • Sat
  • 30°C
  • 14°C
  • Sun
  • 31°C
  • 15°C
  • Mon
  • 33°C
  • 18°C
  • Wed
  • 30°C
  • 13°C
  • Thu
  • 27°C
  • 13°C
  • Fri
  • 29°C
  • 11°C
  • Sat
  • 31°C
  • 13°C
  • Sun
  • 32°C
  • 15°C
  • Mon
  • 33°C
  • 14°C
  • Wed
  • 27°C
  • 17°C
  • Thu
  • 25°C
  • 16°C
  • Fri
  • 23°C
  • 15°C
  • Sat
  • 28°C
  • 13°C
  • Sun
  • 26°C
  • 16°C
  • Mon
  • 23°C
  • 16°C
  • Wed
  • 18°C
  • 14°C
  • Thu
  • 18°C
  • 14°C
  • Fri
  • 22°C
  • 16°C
  • Sat
  • 18°C
  • 13°C
  • Sun
  • 17°C
  • 12°C
  • Mon
  • 17°C
  • 11°C

Sabric warns customers of business email compromise scam

Sabric said criminals were impersonating CEOs and senior managers and send out emails to junior staff in finance departments, requesting an urgent payment be made to a specific beneficiary.

Picture: Pixabay.com

JOHANNESBURG - The South African Banking Risk Information Centre (Sabric) on Wednesday warned customers about a scam known as the business email compromise where criminals steal money by asking for it.

Sabric said criminals were impersonating CEOs and senior managers and send out emails to junior staff in finance departments, requesting an urgent payment be made to a specific beneficiary.

Sabric CEO Susan Potgieter said: “…And we’ve been aware of it for quite a long time and I’ll go as far as saying since the early 2000s where we were aware of the change of bank account details that were being done fraudulently. It’s the magnitude of the scam that is now of concern and also the ease with which these criminals are able to gather information about their victims.”

Potgieter urged customers to be more vigilant and refrain from clicking on suspicious links in their inbox.

Comments

EWN welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

- Racism (including offensive comments based on ethnicity and nationality)
- Sexism
- Homophobia
- Religious intolerance
- Cyber bullying
- Hate speech
- Derogatory language
- Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the EWN community a safe and welcoming space for all.

EWN reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

EWN is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

comments powered by Disqus