Money on a Monday: Safeguards against coerced transactions

Banks are constantly having to evolve their security measures in a bid to stay one step ahead of criminals who are intent on gaining access to bank accounts of their victims. Lester Kiewit speaks to Andre Wentzel, CEO of the South African Banking Risk Information Centre (SABRIC), to unpack a recent security measure which involves the freezing of access to the account should the incorrect PIN or password be entered in succession Lester Kiewit brings you a fresh and reliable start to the day on Good Morning Cape Town with Lester Kiewit. The show covers the stories that matter to Cape Town, with clear, thoughtful conversations and a focus on what’s relevant and interesting. Thank you for listening. Catch the show live on Primedia+ weekdays from 6 am to 9 am (South African time) https://buff.ly/NnFM3Nk Find more from the show, and all catch‑up podcasts on Primedia+ https://buff.ly/xGkqLbT Subscribe to the CapeTalk newsletters to stay up to date https://buff.ly/sbvVZD5  Let’s keep the conversation going online:  CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567See omnystudio.com/listener for privacy information.