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Posts Tagged ‘fraud’

  • Beware of Whatsapp scam offering free internet

    July 29, 2019 • SecurityComments Off on Beware of Whatsapp scam offering free internet

    ESET researchers in Latin America have discovered a scam that impersonates Whatsapp. The fake app offers 1000 GB of internet data to celebrate its anniversary. What strikes right off the bat here is that the URL that comes with the message is not an official...

  • TransUnion lifestyle assessment harnesses big data to tackle fraud

    TransUnion lifestyle assessment harnesses big data to tackle fraud

    July 25, 2019 • Features, Finance, Southern Africa, Top StoriesComments Off on TransUnion lifestyle assessment harnesses big data to tackle fraud

    TransUnion has launched a new solution that seeks to help companies identify signs of fraud and corruption linked to their employees and suppliers by using advanced data analytics. During his presentation at the Michelangelo Hotel on 23 July 2019 Keith...

  • Tackling the trillion dollar identity fraud crises

    Tackling the trillion dollar identity fraud crises

    June 3, 2019 • Security, Top StoriesComments Off on Tackling the trillion dollar identity fraud crises

    Fraud costs trillions of dollars to world economies annually. For consumers whose identity data has been stolen, the impact on their lives can vary from being a nuisance to financial and emotional trauma Worldwide, around 40 per cent of consumers have been...

  • Secure Citizen App to launch in South Africa

    Secure Citizen App to launch in South Africa

    May 17, 2019 • Security, Top StoriesComments Off on Secure Citizen App to launch in South Africa

    The Southern African Fraud Prevention Services (SAFPS) is on the verge of launching its Secure Citizen App which will deal with the growing challenges that fraud presents. Recent statistics point out that 77 per cent of South African companies must deal with...

  • Unitel to chair the GSMA Association Africa Fraud and Security Group

    March 23, 2019 • Mobile and Telecoms, SecurityComments Off on Unitel to chair the GSMA Association Africa Fraud and Security Group

    Unitel was elected to chair the GSMA Association Africa Fraud and Security Group (AFASG), a specific working group dedicated to dealing with critical fraud and security issues for the telecommunications industry in Africa. The mandate has a period of two...

  • Ethics, citizenship and protecting human rights in the digital age

    March 20, 2019 • Online & Social, Security, Southern Africa, Top StoriesComments Off on Ethics, citizenship and protecting human rights in the digital age

    Fraud and identity theft; hacking; electronic vandalism; cyber terrorism and extortion; cyberstalking; invasion of privacy; cyberbullying and offensive material. These are just some of the digitally enabled crimes or illicit activities that can infringe on an...

  • FNB Connect reduces Lifestyle Top Up package price

    FNB prioritieses debit order fraud

    February 22, 2019 • Finance, Security, Top StoriesComments Off on FNB prioritieses debit order fraud

    FNB has detected abnormally high volumes and disputes of suspicious debit orders with descriptors Procall and Mzansi in December 2018 and January 2019. In line with its standard practice, the Bank informs customers of new debit orders loaded on their bank...

  • Uganda deports MTN CEO over national security

    February 15, 2019 • Company News, East Africa, Mobile and Telecoms, Top StoriesComments Off on Uganda deports MTN CEO over national security

    The chief executive officer of MTN Uganda, a unit of South Africa’s MTN Group, has been deported from the East African country over national security, police said on Friday, 15 February. The development is the latest concern for the largest...

  • Why understanding cyber risk is important

    January 27, 2019 • Features, SecurityComments Off on Why understanding cyber risk is important

    The World Economic Forum’s Global Risks Report 2019 ranks data fraud/theft and cyber attack as two of the top five global risks in terms of likelihood. The big question now is how will organizations respond? Reading the World Economic Forum’s...

  • Tips on how to avoid Christmas scams

    December 16, 2018 • Finance, Security, Top StoriesComments Off on Tips on how to avoid Christmas scams

    This holiday season should be a joyous one — for criminals. Holiday spending always makes it easier for fraudsters to steal your money, for two reasons. First, you may be so busy with shopping and parties that you don’t take that extra minute to...

  • Floyd Mayweather, DJ Khaled unlawfully promoted cryptocurrency

    Floyd Mayweather, DJ Khaled unlawfully promoted cryptocurrency

    November 30, 2018 • People, Top StoriesComments Off on Floyd Mayweather, DJ Khaled unlawfully promoted cryptocurrency

    Professional boxer, Floyd Mayweather Jr. and music producer, DJ Khaled are in hot water over allegations made against them of unlawfully promoting Initial Coin Offerings (ICOs). Both men failed to disclose payments they received for promoting investments in...

  • Bots can skew your analytics… Is your data lying

    Beware cyber scammers as you prepare to shop before and after Black Friday

    November 22, 2018 • Security, SponsoredComments Off on Beware cyber scammers as you prepare to shop before and after Black Friday

    With ‘Black Friday’ just around the corner, this year on 23 November, South Africans are preparing once again to embrace and make this popular American shopping day their own, where retailers offer massive discounts for both online as well as...

  • How to tell if you've been hacked

    Email hackers defeated by AI

    September 17, 2018 • Security, Top StoriesComments Off on Email hackers defeated by AI

    Email is a regular method of attack for the cybercriminal because it is the easiest and most successful way to spread high-risk threats. This makes it one of the most popular vectors in a hacker’s arsenal. The thing with hacking an email account is that the...

  • Research reveals how criminals target fax machines to take over networks and spread malware

    Companies at risk of unauthorised access to critical data

    July 15, 2018 • Security, Southern Africa, Top StoriesComments Off on Companies at risk of unauthorised access to critical data

    Recent local cyberattacks are a forewarning of things to come and it clearly shows the vulnerabilities of South African companies. Although in recent attacks customers have not necessarily suffered any financial losses, this could quickly change with personal...

  • Sextortion is one of top four types of e-mail phishing threats-Cofense report

    Protecting businesses and individuals from invoice fraud

    June 1, 2018 • Security, Top StoriesComments Off on Protecting businesses and individuals from invoice fraud

    Invoice fraud has been in the news this week after Goliath and Goliath, was hit by hackers who intercepted the company’s invoices to its clients; diverting over R300 000 from the comedy and entertainment agency and its subsidiary, The PR Bailiff. Fraud...

  • Festive fraud: this time it's personal

    Limiting the ransomware threat

    April 3, 2018 • Security, Top StoriesComments Off on Limiting the ransomware threat

    Ransomware attacks, where a hacker uses malware that encrypts or locks an individual or businesses valuable files and systems, then demands a random to unlock them, is on the rise. These attacks have become commonplace, adding one more reason why consumers...