FSCA urges whole-of-market push to combat soaring digital fraud – Moonstone Information Refinery

FSCA urges whole-of-market push to combat soaring digital fraud – Moonstone Information Refinery

The escalating threat of digital fraud in South Africa’s financial sector requires a sophisticated, co-ordinated, and collaborative response across regulators, banks, telecommunications providers, law enforcement agencies, and other stakeholders. This was the message from Unathi Kamlana (pictured), the Commissioner of the Financial Sector Conduct Authority, in his opening address to the FSCA’s Digital Fraud Roundtable in Sandton on 5 September. …