South Africans' losses from digital banking fraud reach R2.4 billion in 2025

Both reports note that South Africans lost about R2.4 billion to digital banking fraud in 2025, according to businessnewssouthafrica citing SABRIC. BusinessTech noted that some victims lost up to R800,000.

AI-written summary of 2 sources; every verified point is backed by a verbatim quote. How Iyan works

• South Africans' losses from digital banking fraud in 2025 totaled about R2.4 billion.

  «South Africans lost R2.4 billion to digital banking fraud in 2025, SABRIC says»

  businessnewssouthafrica.co.za
• BusinessTech reported that R2.4 billion was stolen from South Africans.

  «R2.4 billion stolen from South Africans»

  BusinessTech
• Some victims lost up to R800,000.

  «with some losing R800,000»

  BusinessTech

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