SIM Pharm Cyber crime Escalates in South Africa

Just when you thought there couldn’t be another type of cyber thief, they develop new and devious methods to steal valuable information and finances. Over the last few years there has been an uptick in “SIM pharm” crimes. This form of crime has encompassed a variety of scams including theft of banking credentials, impersonation, investment fraud, and online marketplace fraud. The best way to protect yourself and your company is to be aware of how this cyber crime is done.