Independent on Saturday

Most SA consumers have experienced fraud

The INCIDENCE of scams that shot up during the Covid-19 pandemic and continues to grow rapidly has increased fraud anxiety, according to a new consumer fraud study by AI and analytics firm SAS.

SAS said rampant fraud was also reshaping individuals’ expectations about organisations’ obligation to protect them, and the compromises they were willing to make to enhance security.

The company surveyed 13 500 consumers in 16 countries for its report, Faces of Fraud: Consumer experiences with fraud

You’re reading a preview, subscribe to read more.

More from Independent on Saturday

Independent on Saturday2 min readIntelligence (AI) & Semantics
AI Solution To Combat Wildlife Bloodshed
In Brazil, where about 16 wild animals become roadkill every second, a computer scientist has come up with a futuristic solution to this everyday problem: using AI to alert drivers to their presence. Direct strikes on the vast South American country’
Independent on Saturday2 min read
Political Parties Grilled Over Absence Of Women Leaders
Political party representatives were put in the hot seat during IOL’s Elections Panel Discussion this week at the Radisson Blu Hotel in uMhlanga, when asked why there are fewer women in politics, especially in leadership positions. The question was p
Independent on Saturday3 min read
Eyes On Erasmus To Decide On Bok Captaincy
THE Springboks will continue to rely on a core leadership group going into the 2024 test season, but there are already a handful of strong contenders to lead the world champions in the first test of the season. In just over two months, South Africa w

Related Books & Audiobooks