Deloitte supports companies in mitigating fraud and corruption risk

International Fraud Awareness week took place from the 13th to 19th November 2016. As one of the largest professional services firms in the world, Deloitte joined the global effort against fraud by providing its expertise across throughout the African continent....

How investigators used data to catch a ‘ghost’

A “ghost” wreaked havoc in South Africa’s insurance industry for eight years by hitting different insurers with fraudulent claims worth over R2 million. Ghost was the codename used by the South African Insurance Crime Bureau (SAICB) in their...

Increasing cyber attacks demand cyber insurance

Breaches are escalating with increasing intensity, and with more sophisticated malware than ever before. All businesses and governments face this growing threat, and are looking for ways to protect their assets, both information and financial. Moreover, while many...

Protect against the financial impact of violent protests

As South Africa reels from the financial costs of destruction of property and assets in the wake of #Feesmustfall protests, estimated to be in the region of R1-billion to date, Aon South Africa is advising business owners and individuals to review their assets...

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...