ATM bombings have cost local banks at least R40 million rand so far in 2015.<\/p>\n
This is according to EWN<\/a>, citing the South African Bank Risk Information Center (Sabric).<\/p>\n Sabric\u00a0CEO, Kalyani Pillay told EWN that, while ATM bombings have declined 27%, the company has seen an “increase in advanced methods used by criminals to carry out the robberies”.<\/p>\n The South African Police Service released crime statistics for 2015, last month, showing that bank robbery\u00a0 was down 19.0%, while robbery of cash in transit was down 17.9%.<\/p>\n Rand Daily Mail reported that overall, banks lost about R100-million more than in 2014, to R300-million in 2015 from all forms of robbery.<\/p>\n Sabric’s data showed that the banking industry experienced a 23% decrease in cash-associated robberies for 2015 to date.<\/p>\n Marius de la Rey, head of Digital and Channels: Barclays Africa says consumers should heighten their awareness and vigilance against any form of banking theft which could rob them of their hard-earned cash.<\/p>\n A report by the Ombudsman for Banking Services\u2019 (OBS) showed that ATM fraud is the highest cause of consumer complaints, growing by 7% to account for 44% of all cases received by the watchdog.<\/p>\n “So while direct robberies appear to be on the decline, card skimming and card swapping continue to pose a great risk to ATM customers,” de la Rey warned.<\/p>\n 2015 crime stats for South Africa: everything you need to know<\/a><\/strong><\/p>\n South Africa gets first solar powered ATMs<\/a><\/strong><\/p>\nMore on banking in SA<\/h3>\n