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PUBLISHER: Freight News (www.freightnews.co.za)

International Fraud Awareness Week may have ended yesterday (Sunday), but the threat that online transactional convenience poses to commerce should be kept top of mind, alarming figures reveal.

According to American consumer credit reporting agency, TransUnion, its latest quarterly analysis of global online fraud trends have found that since the start of the Covid pandemic, fraudsters in South Africa have been increasing their digital schemes against businesses.

“In addition, TransUnion’s recent Global Consumer Pulse Study found that 37% of South African consumers have recently been targeted by Covid-19-related digital fraud.”

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