The day consumers are most cyber-attacked

Black Friday has become a phenomenon across the retail spectrum with many people utilising this particular day to unofficially kickstart their shopping for the festive season. However, Black Friday presents some problems as people are increasingly becoming susceptible...

Stay safe on Black Friday

Whenever people are buying more, it’s an opportunity for criminals to strike, which makes Black Friday a dangerous time. With new scams on the increase, Fico’s fraud experts have added new tips for staying safe. Take care at ATMs * If an ATM looks odd, or...

Black Friday could cost careless shoppers dearly

This Friday (29 November) is Black Friday, a discount shopping event South Africans have happily embraced. Last year, BankServAfrica reported that local shoppers spent nearly R3-billion in 4,8-million Back Friday sale transactions, and this year’s sale is...

Protect yourself against online fraud

This week is International Fraud Awareness Week. With the global spotlight on fraud from 17 to 23 November, statistics show that South Africa has not been immune. The South African Banking Risk Information Centre (SABRIC) reported a spike in fraud incidents in 2018,...

ABB helps secure Oman’s power network

In the Sultanate of Oman, ABB is in the process of installing a high-reliability grid communications technology solution that will protect the critical digital electrical infrastructure for the Oman Electricity Transmission Company (OETC). OETC owns and operates...

Tackle procurement fraud with vetting

Procurement fraud is a leading commercial risk and organisations must implement every possible preventative measure to ensure it does not impact the business. Described loosely, procurement fraud includes the acts of “dishonestly obtaining an advantage, avoiding...