More Than 40% of South Africans Were Scammed in 2025
ID: e601819e-bb31-558b-9ab6-793fdc2eaf33
STIX ID: report--e601819e-bb31-558b-9ab6-793fdc2eaf33
Feed Name: Dark Reading
**Executive summary:** The GASA-based report finds exceptionally high scam exposure in Africa—especially South Africa—where 77% of surveyed adults were targeted and 42% lost money, with an average loss of about $130 per victim and an extrapolated annual impact of roughly $2.3 billion; the piece emphasizes high frequency of low-value, scalable scams, low reporting and recovery rates, and recommends enforcement focus on coordinated cross-border disruptions and financial choke points rather than isolated raids.
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