The value of big data in fraud mitigation

Fintech company MyBucks has invested in technology that is specifically aimed at exploiting big data to mitigate fraud and identity theft. With its own in-house artificial intelligence (AI) team, Dave van Niekerk, CEO of MyBucks, explains that by using classification...

‘Tis the season to be careful

It’s the time of year again when shops – and online portals – are already stocking up on festive season items, but be careful before you hand out credit card details to just anyone, writes Sarel Lamprecht, MD of leading cyber insurance company...

Minimising risk in the private and public sectors

Risk is the major reason for uncertainty in any organisations of all types and sizes, both in the public and private sectors. This is why businesses are focusing more and more on identifying risks and managing them before they even affect the organisation. “The...

Social media liability insurance a must

A study by World Wide Worx and Fuseware has revealed that Facebook is being used by about 13-million South Africans, which is a quarter of the country’s population. All these people have the means to write, publish and circulate articles and video recordings...

Is your business properly covered for cybercrime?

According to the 2016 PwC Global Economic Crime Survey, 32% of South African organisations have experienced cybercrime – a figure which is said to be increasing rapidly as at least 57% of respondents believed they’d be affected by cybercrime within the...

Your intellectual property is not immune

Regardless of how much of your business is run offline, you are still a target, says Sarel Lamprecht, MD of cyber insurance provider Phishield. Even sectors of the economy that have thought themselves immune to cyber attacks – because they don’t...