Massive mobile fraud problem identified in SA
Paris-based anti-fraud firm Evina has determined that one out of every three mobile subscription attempts in South Africa is fraudulent. South African cellular users are very often subscribed to mobile services without their consent, the company says. After Kenya,...
Weigh up the risks of closure and opening
The coronavirus pandemic has impacted African businesses and their employees - closing many operations. With businesses in many African countries reopening after a period of inactivity, it is important that they remain vigilant about the risk environment in order to...
Risk intelligence the key to a sustainable future
Only by building risk intelligent organisations will leaders be able to overcome six distinct global threats identified by the Institute of Risk Management South Africa (IRMSA). This is according to Christopher Palm, IRMSA's chief risk advisor, who says: "Leaders at...
Indwe adopts drones for risk management
Financial services company Indwe Risk Services has adopted risk management technology - and more specifically drone technology - to propel help it identify and understand risk. RiskTech, the latest risk management offering from Indwe, harnesses advanced technology and...
Insurers seek cyber security to manage Covid-19 risk
Forward-thinking business insurance providers are rallying corporate cyber security into their offerings to lower clients' risk exposure and prevent claims. This has gained traction over the past three months as Covid-19 related cyber scams have increased. Cyber...
Shifting consumer habits demand fresh focus on fighting fraud
Nearly every part of daily life has changed as the world continues to fight back against Covid-19. Bevan Smith, head of risk at Visa Sub-Saharan Africa Most observers agree that the increased focus on digital commerce by consumers and merchants will likely remain even...
Guide to a sound and secure data management strategy
There's no honour amongst thieves; an adage that couldn't be truer in current times where unscrupulous cybercriminals target vulnerable organisations that are scrambling to find some form of operational normalcy amidst pandemic related protocols and regulations. By...
Protecting your technology investment
Technology has the ability to improve efficiency and differentiate businesses, providing an important competitive edge. By Sumit Kumar Sharma, enterprise architect at In2IT Technologies However, like a new coat of paint, if the surface is not well prepared, the paint...
The role of tech in the return to normality
As South Africa braces itself for the peak of the Covid-19 infection curb, technology could be the solution to help safeguard us from a resurgence of the virus - as and when more industries fully open. This is the word from Steven Curzen, chief operating officer of...
No business without compliance and risk officers
There cannot be any doubt that the coronavirus disease of 2019 (Covid-19) has redefined the world in general and the work environment in particular. By Advocate Modidima Mannya, IRMSA Risk Chat contributor In the work environment, the Compliance and Risk Officers...
Home workers, SMMEs, healthcare most at risk of increased cyber crime
The Covid-19 pandemic and lockdown has created new vulnerabilities that fraudsters and cyber criminals have been quick to exploit, IITPSA experts have warned. Speaking at an IITPSA Western Cape chapter webinar on how to become cyber resilient and more aware during...
Vodacom Business partners with Cloudflare
Vodacom Business has partnered with Cloudflare to provide businesses of all sizes, faster, more secure and reliable website services. Cybersecurity has become a major concern for organisations of all sizes as protecting devices, networks, client data and apps is an...