Following the reported breach of Standard Bank’s system yesterday, they have issued a response to address these claims.‘Standard Bank would however like to apologise to customers for delayed responses when calling the call centre, this is due to a spike in month end transactions. The bank has multiple security and authentication layers that it has made available to its customers.’
They have also provided customers with some tips and best practices to safeguard their bank accounts:Consider using a password manager to securely store and manage your passwords.Enable MFA wherever possible to add an extra layer of security.Combat Social Engineering:Verify the legitimacy of requests before sharing sensitive data.
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