PwC’s Global Economic Crime and Fraud Survey 2022 revealed that 46% of organisations have experienced fraud, corruption, or other economic crimes in the last 24 months. […]
Tag: eftsure
Payment fraud – top five scams to look out for
The truth is, all businesses are at risk of being scammed at some point, and just one incident can cost a company millions of Rand. […]
Internal fraud – who commits it and why
International Fraud Awareness Week is taking place from 14-20 November, highlighting an increasing problem that organisations around the world are facing. According to the Association […]
Mitigating the risks of payments fraud
Global losses from payment fraud have tripled from US$9.84 billion in 2011 to US$32.39 billion in 2020, according to Deutsche Bank’s 2021 report on the […]
BEC Attacks: Who is legally responsible?
Business Email Compromise (BEC) and cyber attacks are on the increase worldwide. Conveyancing firms, their clients, and other organisations effecting many large non-recurring type transactions […]
Cybersecurity is more than a tech issue – it’s a business problem too
A concerning number of South African companies are not prepared for the inevitability of a cyberattack despite the significant financial and reputational risks, according to […]