Internal fraud: who commits it and why?

International Fraud Awareness Week, from 14-20 November, highlights an increasing problem that organisations around the world are facing. According to the Association of Certified Fraud Examiners (ACFE), businesses lose around 5% of their annual revenue globally due...

Mitigate the risk of payments fraud

Global losses from payment fraud have tripled from $9,84-billion in 2011 to $32,39-billion in 2020, according to Deutsche Bank’s 2021 report on the future of payments. And financial professionals are saying Covid-19 hasn’t helped matters, with 65%...

Multi-tiered approach critical in mitigating the risk of ransomware

Ransomware is currently a hot topic, and has become an everyday threat that affects the lives of everyone, not just corporations. By Kate Mollett, regional director of Commvault Africa Case in point is the recent attack on the Department of Justice, which has been an...

Cybercrime in the midst of a pandemic

Covid-19 has changed the cybercrime landscape. With more people working remotely, employees are inadvertently creating opportunities for hackers to forge tunnels into company networks through often unsecured connectivity. By Simon Colman, business head of digital and...

Critical steps help prevent and detect ransomware threats

Aon’s Cyber Security Risk Report found that ransomware is a crisis that will only get worse as threat actors continue to grow in sophistication and expertise. Ransomware attackers often operate with the discipline and approach of a legitimate traditional...

Bracing for cyber cover in today’s data era

In today’s always-on, always-connected economy, businesses are under pressure to enhance their cybersecurity strategy and prove to their customers that data protection is critical to their engagement strategy. By Michel Nader, senior regional director: data...