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There’s often a good deal to be found on the vehicle auction floor, but – there’s always the ‘but’! – you do have to know what you are doing. It is easy to get caught up in the excitement of a live auction and get carried away with how much you could end up paying. …
As real-time payments rise, so do scams, with 70 percent of South Africans saying they have received a message they thought was a scam. Customers are overwhelmingly adopting real-time digital payments like MoneyGram and banking apps, but with new payment channels comes an inevitable rise in fraud. In the case of Real-Time-Payments (RTP), criminals are …
Liquid C2, a business of Cassava Technologies, a pan-African technology group, opened the doors of its first Cyber Security Fusion Centre (CSFC) in Nairobi, Kenya, making this the second centre of its kind in Africa. “Kenyan businesses have seen increased digital adoption, and the country’s connected population in early 2021 was nearly 22 million. The …
The acting Public Protector has ordered the Hawks to investigate and SASSA to take action against 11 employees over two contracts which cost at least R221 million of social security funds. Four years after OUTA submitted a detailed complaint to the Office of the Public Protector about two SASSA contracts, the Hawks have been ordered …
Software escrow is increasingly being drafted into service as one of the ‘first line defences’ when it comes to protecting banks and their customers from cybercrime. This is the conclusion reached by business continuity and risk associated with IT systems expert and Managing Director of Escrow Europe, Andrew Stekhoven. Referring to two recent announcements – …
Afrihost ISP said today that they have become aware of dangerous phishing scams that are being targeted at Afrihost clients and want to ensure clients that they are not victimised by criminals! NEVER give out your payment details or personal information unless you are on a secure website with a trusted vendor. Phishing scams work …
Dear Editor The DA welcomes the decision by the Special Tribunal (ST) in granting the Special Investigating Unit (SIU) a preservation order against former National Lotteries Commission (NLC) Board Chairperson, Alfred Nevuthanda. In March of this year, the DA called on the SIU to obtain a preservation order against Nevuthanda after it was revealed by …
SevenC, a leading IT infrastructure and network service provider that strives to identify and make available the best possible ICT strategies for its clients’ unique needs, examines top ways to protect your companies from rising cyber-attacks and fraud. Cyberattacks pose an increasing threat to small businesses and South Africans. 477 million people worldwide have been …
“One of the major obstacles that prevent people from exploring opportunities in online trading are concerns about the security and safety of personal funds and data. Rightly so, as stories of online trading scams have been on the rise since the onset of COVID-19”, says Dany Mawas, regional director at INFINOX (www.INFINOX.com), a leading global …
As many parts of the world deal with the Third Wave of Covid-19 infections, there are growing concerns that South Africa may face harsher lockdown measures in the future as the country ramps up its vaccine roll out program. This will have a telling impact on society and will only accelerate the reliance on ecommerce …
Developing your street-smarts when it comes to the digital world comes with knowing and understanding the digital arena. WesBank is dedicated to keeping you informed of all the relevant information you will need when it comes to navigating the digital world. Here are a few tips, tricks and hacks for staying safe online. Be unhackable …
Many would-be traders are concerned about the security and safety of personal funds and data, and are therefore hesitant to start trading. “The rise of the digital age has resulted in an information overload and often a lot of this information is made up of unqualified opinions and regurgitated statements,” says Jay Mawji, Managing Director …
Check Point Research reports a new campaign using the Emotet trojan which has targeted over 100,000 users per day 7 January 2021 – Check Point Research, the Threat Intelligence arm of Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, has published its latest Global Threat Index for December …
US Secretary Pompeo has approved the creation of the Bureau of Cyberspace Security and Emerging Technologies (CSET) and has directed the Department to move forward with standing up the bureau. The need to reorganize and resource America’s cyberspace and emerging technology security diplomacy through the creation of CSET is critical, as the challenges to U.S. …
Check Point Research reports a new campaign using the Emotet trojan which has targeted over 100,000 users per day 07 January 2021 – Check Point Research, the Threat Intelligence arm of Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, has published its latest Global Threat Index for December …
SAFPS offers key protection in consumer risk landscape: Following from the Experian data breach in August, ABSA – one of South Africa’s Big Five Banks – has experienced its own data leak as reports indicate that an ABSA employee leaked the details of customers to third parties. Reports further point out that the devices responsible …
The hard reality is that security needs to sit at the heart of the organisation if it wants to succeed Security remains a consistent and ever-present challenge to the organisation today. The statistics that follow in its wake are certainly enough to keep any decision-maker awake at night. In 2020, Verizon’s Data Breach Investigations Report …
Service providers and job seekers are increasingly falling prey to scammers requesting cash upfront for securing COVID19 related tenders and general employment, warns Transnet Port Terminals (TPT). While social media platforms have previously been used throughout the year to advertise false opportunities, the intensity this year is at an all-time high. According to Mbali Mathenjwa, …
As South Africans prepare for Black Friday and Cyber Monday, FNB is encouraging consumers to heed a caution issued by the SARB, PASA and the FSCA on the risks associated with instant EFT payments when shopping online. Instant EFT payments require the use of ‘screen scraping’, which is a practice where the consumer allows a …
Vishing is when a fraudster tries to scam you over the phone. These scammers pose as legitimate bank representatives, and often sound believable because they may have obtained some of your valid personal information, such as your address or ID number. Using your information, they gain your trust and encourage you to share your personal …