International Fraud Awareness Week is a global annual event dedicated to raising awareness about the widespread issue of fraud and showcasing the efforts across various sectors to combat this growing challenge.
Tag: fraud
Under Attack: Online Sellers Face Mounting Threat from Payment Scams
When it comes to online shopping, it’s not just customers who can fall victim to scams. Many scams target businesses and sellers, making it essential for anyone selling goods online to understand how to avoid these pitfalls and what steps to take if their business is affected.
Experts reveal how businesses and sellers can spot online payment scams
When it comes to online shopping, customers aren’t the only ones who can fall victim to scams. Many scams target businesses and sellers instead, therefore anyone selling goods online must know how to avoid being impacted and what to do if their business is affected.
Your hot date may be a hotline to becoming a scam victim
Technology has disrupted many aspects of traditional life. When you are sitting at dinner and seeing a couple going out on a “first date”, consider that this may be their first in-person date and that they have been interacting (dating) online for months. According to global data and business intelligence platform, Statista, the number of online dating users in South Africa is expected to reach 6.7 million users by 2028. The report adds that the current user penetration rate of dating websites is believed to be 8.0% and may increase to 10.4% by 2028.
South Africans play a greater role in becoming scam victims than they care to admit
The South African fraud landscape is becoming increasingly risky as fraudsters and scammers look to target individuals with highly sophisticated scams in an environment where it is becoming increasingly difficult for lawmakers and authorities to bring these criminals to justice.
Online merchants hit by double whammy of fraud as cost of living bites
The study shows fraud remains a significant source of profit erosion for businesses trading online.
SAFPS to launch a ground-breaking platform to combat fraud
Traditionally, South Africa has been a popular country among fraudsters looking for every opportunity to try and find their next victim.
Fraud trends every CFO should know
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. […]
Don’t be an Ass (mule) this festive
The festive season is a time to be enjoyed, spending quality time with family and showering others in kindness and generosity. However, the South African […]
New wave of fraud targeting bank customers
Fraud continues to pose the risk of serious financial losses for banking customers. All indicators are pointing towards the fact that there are new scams […]