Safeguarde company devices in the face of cyber threats
In an increasingly interconnected world where digital devices often serve as the lifeblood for many businesses, some of the most significant vulnerabilities for cybercrime lie in the devices entrusted to employees. From laptops to smartphones, these devices often...
A call to rethink data protection in today’s threat landscape
Today's cyber threat landscape is constantly evolving, posing significant data challenges, and placing organisations under immense pressure to safeguard their business, whether from internal or external attacks. By Modeen Malik, principal systems engineer at Commvault...
Be proactive to protect against payment fraud
Amid a spate of high-profile payment fraud cases in South Africa, the need for robust fraud payment prevention measures has never been more apparent, says Ryan Mer, CEO of eftsure Africa. In April 2023, three former bank employees received jail sentences of 15 years...
Decoding financial crime to address an AML emergency
South Africa's financial sector faces an anti-money laundering compliance crisis, with authorities cracking the whip on institutions that fail to meet their obligations to combat financial crime and the country's continued presence on the Financial Action Task Force...
Safeguarding sensitive information in an era of global mobility
In the realm of global mobility, where individuals and organisations traverse borders for various reasons, safeguarding sensitive information becomes an even more critical imperative. By Pieter Nienaber, Compliance Africa at Crown Records Management South Africa...
A checklist for selecting an AML solution
In an era of mass digital payments and financial transactions, anti-money laundering (AML) compliance is critical for banks, financial institutions, and other regulated businesses. By Bradley Elliot, CEO of RelyComply Technology plays a central role in any effective,...
Reduce cyber-related business risks
The latest edition of the Allianz Risk Barometer confirms what organisational leaders have been experiencing. A digital world means more efficiency, lower cost, greater opportunity, and much faster speed for business. But it also comes with new risks - cyber risks -...
Beware the dormant malware threat to your data
In today's constantly evolving cybersecurity landscape, companies must adopt a proactive approach to data protection to effectively defend against repeated cyberattack attempts, as it is no longer a matter of "if" or "when", but rather "how often" they will get hit....
Fighting fraud and financial crimes in the GenAI age
In today's increasingly digital world, fraud and financial crime has become a significant concern. By Marcin Nadolny, head of EMEA fraud, fincrime and data science at SAS Global research shows that 2022 saw a 72% increase in fraudulent activity while almost a quarter...
Reimagining AML with human expertise and technological innovation
Regulatory technology (regtech) is an essential part of a modern anti-money laundering (AML) capability. But technology on its own is not enough to keep ahead of sophisticated financial criminals, with an estimated 99,8% of laundered money flowing through the...
Are EV charge points a cybersecurity risk?
The growing popularity of electric vehicles (EVs) will increase the number of EV charging stations, making it essential not to underestimate the importance of cybersecurity. William Petherbridge, systems engineering manager for Southern Africa at Fortinet, emphasises...
The role of technology in mining safety and environmental protection
Modern mining practices routinely integrate technology into workflows to improve operational efficiencies, write Kate Collier and Garyn Rapson, partners at Webber Wentzel. While competitiveness is a compelling reason for innovation, technology development and the use...