Bank customers warned to be more vigilant of scammers during festive season

Kalyani Pillay, CEO at Sabric, spoke to Ray White on The Midday Report about the type of scams customers need to look out for, especially during the approaching festive season.

Pillay urges the public to watch their online transactions and be vigilant with whom they share their personal and confidential information.

You need to make sure your confidential information such as passwords and identity numbers remains safe.

Kalyani Pillay, CEO at Sabric

Pillay says they are seeing an increase of scammers at ATM machines who pretend to offer assistance to bank customers while stealing their bank cards and memorising bank pins.

Under no circumstances should you allow anyone near you at an ATM.

Kalyani Pillay, CEO at Sabric

For more safety tips from Sabric, click here

Listen to the full interview in the clip below:


This article first appeared on 702 : Bank customers warned to be more vigilant of scammers during festive season


CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Cash-in-transit heists escalating in SA says expert

Cash-in-transit heists escalating in SA says expert

Sabric's Kevin Twiname says this is organised crime, intelligence has to be gathered and appeals to the public for information.

2 heists take place every 3 days in South Africa

2 heists take place every 3 days in South Africa

The Money Show’s Bruce Whitfield interviews South African Banking Risk Information Centre’s Kevin Twiname.

More South Africans falling victim to online dating scams

More South Africans falling victim to online dating scams

Sabric CEO Kalyani Pillay warns of an increase in online dating scams in South Africa.

Japanese authorities to investigate ATM scam which cost Standard Bank R300m

Japanese authorities to investigate ATM scam which cost Standard Bank R300m

Local officials have been brought in to help unravel the ATM scheme and bring those responsible to book.

'Huge onus on financial institutions to FICA clients properly'

'Huge onus on financial institutions to FICA clients properly'

There is a growing impetus for commercial banks to know their clients amid online banking fraud and phishing attacks.

Social media users, you are at greater risk of identity theft

Social media users, you are at greater risk of identity theft

CapeTalk's Pippa Hudson looks at the dangers of sharing too much information on social media and how to prevent identity theft.

Change of bank details scam making its rounds again

Change of bank details scam making its rounds again

It's an old scam which has many spin-offs, and has come back in full force, according to the South African Banking Risk Information Centre.

Cardless bank fraud on the rise in SA

Cardless bank fraud on the rise in SA

Although banks are more vigilant in combating organised ATM fraud, the prevalence of cardless fraud may become a cause for concern.

Popular articles
Financially prepare yourself before the wedding bells

Financially prepare yourself before the wedding bells

Liberty Legal Marketing Specialist, Faeeza Khan talk us through a few financial pointers before getting hitched.

Oscar's family unhappy with producers as movie makes SA debut this weekend

Oscar's family unhappy with producers as movie makes SA debut this weekend

The movie stars Joburg-born actor Andreas Damm as Pistorius and Victoria Secret model Toni Garrn as Reeva Steenkamp.

Statement to remove LLB programme from SA universities is misleading: Max Price

Statement to remove LLB programme from SA universities is misleading: Max Price

Max Price says Council on Higher Education's announcement that UKZN, UCT and UL could lose their LLB accreditation is not right.

Is taking items from the hotel room stealing?

Is taking items from the hotel room stealing?

Tsogo Sun Cape regional manager explains which items are free to be taken home by guests and why.

WATCH: Innovative spray limits toilet flushes and saves water

WATCH: Innovative spray limits toilet flushes and saves water

Loo Me is a simple yet effective scented foam that takes the yuck out of "mellowing" toilets preventing multiple flushes.