Stakeholder collaboration key to addressing SMS pumping fraud
As communication technologies continue to evolve, so do the tactics of cybercriminals. Among these is SMS pumping fraud, a rapidly growing threat that manipulates mobile messaging systems to generate illicit gains. By Felix Kipkosgei, senior operator partnerships...
Data, analytics, AI vital to bridging Africa’s insurance protection gap
The global insurance industry faces a $1,8-trillion protection gap – the difference between insured and uninsured losses across health, life, crop and catastrophe coverage. In Africa, this divide is even more pronounced. Insurance penetration remains below 3% of GDP...
Employee behaviour is the new travel risk companies can’t ignore
A massive 79% of business travellers admit to taking risks on work trips that they’d never consider at home, according to World Travel Protection’s annual business traveller sentiment survey. Whether it’s ignoring local safety advice, riding scooters without helmets,...
How to prevent network outages
Network outages pose significant challenges for businesses, disrupting productivity, revenue streams and customer confidence. Kaspersky’s global research shows that the majority of companies (71%) need between one and five hours to restore operations after an outage,...
AI creates everyday risks for African businesses
In our fast-evolving cyber risk landscape, it’s easy to be captivated by the headlines—stories of cutting-edge exploits, wild new attack vectors, and AI’s role in shaping malware that once seemed impossible. By Emmanuel Tzingakis, technical lead: Africa and venture...
SIM box fraud a growing threat
South Africa’s communications systems are facing a growing threat that can no longer be ignored. As the country becomes more connected, with over 44-million people now online, the infrastructure that underpins our digital lives is increasingly being targeted by...
Protecting our youth in a technological age
Given the speed at which the digital economy, technological and AI landscape is developing, young people need to be educated on how to mitigate the associated risks with a combination of cyber insurance and risk management practices. This is an important part of...
Legal risks in AI-driven customer service, inventory management, back-office support
The use of artificial intelligence (AI) in retail continues to generate discussion. This is largely due to the benefits that retailers have realised by using the technology across various parts of the business value chain. By Wendy Tembedza, partner at Webber Wentzel...
Cyber risk drives need for closer look at data recovery plans
Neglecting proper data recovery planning is increasing risk for organisations across Africa – particularly small and medium-sized businesses. So says Mark Govender, Senior Systems Engineer at Veeam, who specialises in data recovery and disaster recovery planning and...
In safety-critical industries, real-time communication is a life-saving tool
In South Africa’s most labour-intensive and safety-critical industries – mining, security, and manufacturing – workplace safety is often only as strong as the speed and clarity of communication. In environments where risks escalate in seconds, real-time communication...
AI and scams are driving up insurance risk
Recently a LinkedIn post went viral in which a woman faked her own car accident. She used AI to generate images of her “smashed” car, bruises on her face from her “injuries”, as well as a believable car crash scene and an authentic-looking receipt. The point of the...
Failure to spot financial crime red flags costs businesses billions
Despite efforts to improve compliance, South African businesses remain highly vulnerable to financial crime - with an estimated R182-billion lost annually to money laundering and related illicit activity. This is according to Global Financial Integrity, a US-based...