Preventing fraud in the local workplace

Employing the right people doesn’t only make for a productive and healthy company, it also goes a long way in preventing larceny and fraud. Corporate South Africa is becoming more aware of the risks and dangers of corruption often lurking from inside its own ranks....

Municipalities need to reduce risk

South African municipalities should consider implementing risk reduction strategies to control the increasing problem of vandalism and theft which has cost the City of Johannesburg an estimated R3,6-million this year. Choruma says that municipalities should put more...

Bytes joins association to combat fraud

Bytes Universal Systems has announced that it has joined the South African Chapter of the Association of Certified Fraud Examiners (ACFE SA) as a corporate member. The ACFE is a leading global anti-fraud association, providing more than 70 000 members with...

Better bandwidth increases DDoS risk

On the flipside of the bandwidth boom in South Africa there has been a significant increase in distributed denial of service (DDoS) attacks at an application level in the country, says Perry Hutton, regional director – Africa, Fortinet. Until recently, distributed...

Protecting profits with risk management

South African executives are well aware of the importance of risk management in every area of their businesses. Unfortunately, most are of the view that reacting to attacks after the fact is an acceptable form of managing risk. “Reacting to risk is simply admitting...

Why companies need IT to combat fraud

Information technology is an essential tool for combating fraud. Without using the predictive power of analytics, it isn’t possible to prevent fraud before it happens, says Colin Hill, senior solution manager, Financial Crimes and Risk Solutions, SAS South Africa. The...