Sim crime goes industrial as fraudsters target South Africa’s digital economy
A Sim card is, effectively, a portable identity token. Once compromised, it gives attackers a backdoor into bank accounts, digital wallets, investment apps and high-risk transactional environments. Sim-swap fraud, identity impersonation and large-scale Sim-farm operations are no longer fringe problems; they are industrialised criminal enterprises. The Communications Risk Information Centre 2025 Telecommunications Sector Report found…
