AI turns financial crime tide

Financial crime and money laundering is the third biggest economic practice in the world and equates to around 5% of the global GDP. Because each country manages its own laws and regulations, the banks are left as the only defence against this attack on the world...

Cyber insurance should be a priority for all businesses

A recent report published by Mimecast, estimates the volume of malicious and opportunistic cybercrime has increased worldwide by as much as 33% between January and March of this year. In addition, US-based cloud security company, Zscaler, reported an increase of over...

Have a fraud free festive season

South Africans deserve a reason to be happy. After years of mounting economic pressure, where the cost of living has risen to record levels, the country was hit hard by the Covid-19 pandemic which brought our economy to a virtual standstill. South Africa’s...

Cyber risk associated with disruptive technologies

In speaking to Junaid Amra, head of the forensics technology solutions division at PwC, it is somewhat terrifying to hear the extent and sophistication of organised cyber-crime, and that it is on the increase. By Jonathan Crisp, risk intelligence committee member at...

Entersekt, Cellulant partner for safer mobile banking

Device identity and omnichannel authentication company Entersekt has announced a partnership with fintech Cellulant. The partnership will further enhance Cellulant’s cybersecurity by proactively securing its digital banking channels and guarding against digital...