Nov 27, 2019
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...
Nov 21, 2019
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,...
Nov 20, 2019
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...
Nov 15, 2019
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...
Nov 11, 2019
The ever-growing use of social media and mobile devices by everyone has opened easy gateways for cybercriminals to steal personal information, identities, and money. Individuals are making it even easier for them by sharing too much online. This is according to Charl...
Nov 6, 2019
As the global economy continues its lacklustre performance, legitimate and illegitimate businesses alike are under pressure to boost revenues. “South Africa can expect renewed unauthorised micro-billing attacks on its mobile users as overseas-based fraudsters...
