Jan 24, 2023
PwC’s Global Economic Crime and Fraud Survey 2022 revealed that 46% of organisations have experienced fraud, corruption, or other economic crimes in the last 24 months. Ryan Mer, CEO of eftsure Africa, gives a rundown of what to look out for. Fraud protection is...
Jan 12, 2023
The adoption of accelerated, or automated underwriting, which uses advanced artificial intelligence and machine learning technologies to evaluate risk and underwrite life insurance, has been limited to date. By Patrick Ashton, UK operations at Alula Insurance...
Jan 9, 2023
Business email compromise (BEC), where criminals steal money by simply ‘asking for it’, is on the rise. According to an Interpol report, BEC is one of the top five digital threats in Africa – and South Africa is the most likely target, shouldering...
Dec 19, 2022
t is time to say goodbye to the incident response plans of “cyber past” and welcome a new approach. This is the word from Spiros Fatouros, Marsh Africa CEO, who says: “Incident response planning is one of the 12-cybersecurity controls that most cyber insurers ask...
Dec 14, 2022
Identity theft in South Africa continues to rise, despite numerous warnings and efforts to protect consumers. Reports suggest that someone’s identity is stolen somewhere in the world every two seconds. Recent statistics from the National Council on Identity...
Dec 13, 2022
The end-of-year period has earned itself a notorious reputation as the ‘silly season’ – and for good reason. Insurance claim data is indicative of a trend that sees a noticeable upsurge in motor vehicle accidents and home burglaries over the festive...
