Nov 25, 2021
Cybercrime numbers are on the up, and South Africans are not immune from this growing threat. Some of the statistics are frightening. Banking app losses increased by more than 88% last year to an average loss of R14 253 per transaction. Online banking losses increased...
Nov 24, 2021
The festive season is a time when most South Africans, like the rest of the world, will be looking to spoil their loved ones by purchasing them gifts. Over the past few years, South Africans have been lucky enough to be able to take advantage of the discounts that are...
Nov 24, 2021
Cybersecurity firm Evina, present in 70 countries that include 15 in Africa, has secured a €20-million Series A funding round to consolidate its fight against mobile fraud that has already prevented the theft of a billion euros from telecom operators and their...
Nov 17, 2021
Cybersecurity professionals from the public and private sectors as well as academia have joined forces to establish the Cybersecurity Digital Alliance. This is an industry body dedicated to creating a safer digital environment through policy advisory and support,...
Nov 17, 2021
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...
Nov 10, 2021
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%...