Data backups can save you from hackers
Over the past few years, millions of PCs from around the world have been locked or had their files encrypted as a result of devious malware. According to Kaspersky Security Bulletin, in 2015 there were 1,966,324 registered notifications for attempted malware...
Risk spikes in dispersed enterprise environment
The enterprise business is moving out from behind its firewall into a dispersed bring your own device (BYOD), Internet of things (IoT), cloud-based state. An Enterprise Mobility security strategy is important in controlling risk exposure in this new environment, to...
Prevent employees from stealing IT assets
The vast range and volume of new devices being deployed in the marketplace makes it nearly impossible for companies to safely manage and dispose of excess electronics. Most companies are oblivious to the risks associated with asset disposition and theft, failure to...
Deloitte supports companies in mitigating fraud and corruption risk
International Fraud Awareness week took place from the 13th to 19th November 2016. As one of the largest professional services firms in the world, Deloitte joined the global effort against fraud by providing its expertise across throughout the African continent....
How investigators used data to catch a ‘ghost’
A "ghost" wreaked havoc in South Africa's insurance industry for eight years by hitting different insurers with fraudulent claims worth over R2 million. Ghost was the codename used by the South African Insurance Crime Bureau (SAICB) in their investigation into this...
Increasing cyber attacks demand cyber insurance
Breaches are escalating with increasing intensity, and with more sophisticated malware than ever before. All businesses and governments face this growing threat, and are looking for ways to protect their assets, both information and financial. Moreover, while many...
Protect against the financial impact of violent protests
As South Africa reels from the financial costs of destruction of property and assets in the wake of #Feesmustfall protests, estimated to be in the region of R1-billion to date, Aon South Africa is advising business owners and individuals to review their assets...
The value of big data in fraud mitigation
Fintech company MyBucks has invested in technology that is specifically aimed at exploiting big data to mitigate fraud and identity theft. With its own in-house artificial intelligence (AI) team, Dave van Niekerk, CEO of MyBucks, explains that by using classification...
‘Tis the season to be careful
It's the time of year again when shops - and online portals - are already stocking up on festive season items, but be careful before you hand out credit card details to just anyone, writes Sarel Lamprecht, MD of leading cyber insurance company Phishield. Inevitably,...
Minimising risk in the private and public sectors
Risk is the major reason for uncertainty in any organisations of all types and sizes, both in the public and private sectors. This is why businesses are focusing more and more on identifying risks and managing them before they even affect the organisation. "The...
Social media liability insurance a must
A study by World Wide Worx and Fuseware has revealed that Facebook is being used by about 13-million South Africans, which is a quarter of the country's population. All these people have the means to write, publish and circulate articles and video recordings faster...
Is your business properly covered for cybercrime?
According to the 2016 PwC Global Economic Crime Survey, 32% of South African organisations have experienced cybercrime - a figure which is said to be increasing rapidly as at least 57% of respondents believed they'd be affected by cybercrime within the next two years....