SAFPS Warns: Technology is Emerging as a Major Battleground in the Fight Against Fraud
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. This year it takes place from November 17 to 24.
"The role technology plays in fraud, and scams is becoming particularly challenging in South Africa," says Nazia Karrim, Head of Product Development at the Southern African Fraud Prevention Service (SAFPS), “with South Africa growing into an increasingly connected society, online fraud is a significant challenge that needs to be addressed."
Be Careful of Business Email Compromise (BEC)
The increased nature of technology-based fraud is evident in the recent statistics accompanying it. This is a significant challenge for companies th...