Durban - As the festive season swings into gear, criminals are preying on those with large sums of money.
The South African Banking Risk Information Centre (SABRIC), said people needed to be alert to the different modus operandi used by criminals, especially at this time of year.
“Criminals are masters at social engineering and know just how to exploit human vulnerabilities to perpetuate crimes, particularly over the festive season where they tend to let their guard down.” said SABRIC CEO Kalyani Pillay.
Incidents where criminals follow a victim after a withdrawal at an ATM or from the bank remain rife, said SABRIC, as criminals knew that at this time of year, people received their Stokvel pay-outs and bonuses.
“We therefore urge bank clients to avoid carrying large amounts of cash and use alternate safer ways to transact,” said Pillay.