Bribery, corruption highlighted in survey
Corporate crime is the scourge of business in South Africa and it’s getting worse. PricewaterhouseCoopers released its annual Global Economic Crime Survey to the media this week, says Jenny Reid MD of iFacts. It exposed the shocking prevalence of economic crime,...
Modern threats need better risk management
With more and more breaches making the headlines, risk management and security professionals are bracing themselves to face not only increasingly sophisticated attacks, but more rigorous scrutiny on their controls and measures. Although each company is different, with...
Becoming a less attractive malware target
The high profile hacks that have flooded the news over the last year have shown that traditional security measures are no longer a match for the complex threats of today. Any business that relies only on antivirus (AV) to secure its systems and endpoints is a sitting...
Avoiding malicious apps
Today, there is an app for virtually everything you can think of, and they’re freely available, from any device that has a Web browser. Not only that, but many of them are free, and are maintained remotely by the developer, removing any hassle from the user. However,...
Keeping home WiFi networks secure
There is more than one type of burglary that can affect a home. The one we are most used to usually involves kicking in the door; the less familiar one involves compromising a computer. And if the intruder in this scenario has compromised a wireless network, users...
Smart ID cards combat fraud, identity theft
Minister of Home Affairs Naledi Pandor announced last week that 100 000 South Africans will have smart ID cards by 31 March. She further announced that another 25 Home Affairs offices have been digitised, in addition to the three used during the smart ID card pilot...
Preventing fraud in the local workplace
Employing the right people doesn’t only make for a productive and healthy company, it also goes a long way in preventing larceny and fraud. Corporate South Africa is becoming more aware of the risks and dangers of corruption often lurking from inside its own ranks....
Municipalities need to reduce risk
South African municipalities should consider implementing risk reduction strategies to control the increasing problem of vandalism and theft which has cost the City of Johannesburg an estimated R3,6-million this year. Choruma says that municipalities should put more...
Bytes joins association to combat fraud
Bytes Universal Systems has announced that it has joined the South African Chapter of the Association of Certified Fraud Examiners (ACFE SA) as a corporate member. The ACFE is a leading global anti-fraud association, providing more than 70 000 members with...
Better bandwidth increases DDoS risk
On the flipside of the bandwidth boom in South Africa there has been a significant increase in distributed denial of service (DDoS) attacks at an application level in the country, says Perry Hutton, regional director – Africa, Fortinet. Until recently, distributed...
Protecting profits with risk management
South African executives are well aware of the importance of risk management in every area of their businesses. Unfortunately, most are of the view that reacting to attacks after the fact is an acceptable form of managing risk. “Reacting to risk is simply admitting...
Why companies need IT to combat fraud
Information technology is an essential tool for combating fraud. Without using the predictive power of analytics, it isn’t possible to prevent fraud before it happens, says Colin Hill, senior solution manager, Financial Crimes and Risk Solutions, SAS South Africa. The...