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Online fraud

Cybersecurity

How to Protect Yourself from Gift Card Scams This Holiday Season

Luis Monzon -
This holiday season checking off that gift list will look a little different than in past years. Many shoppers are planning to rely on e-commerce for a significant amount of their holiday shopping. Digital gift card sales are also likely to...
Company News

Vodacom SA Partners Cybersecurity Firm Evina to Fight Mobile Fraud

Luis Monzon -
Vodacom, one of SA’s leading network providers, has announced a partnership with mobile payments cybersecurity company, Evina, in a major step forward in mobile user safety. According to a statement from Vodacom, mobile users in Africa’s most advanced economy will...
Cybersecurity

Online Car Scams On The Rise in SA – Here’s How to Avoid Them

Luis Monzon -
South Africa’s biggest banks are warning customers about a marked increase in vehicle purchase scams. Criminals place adverts for fake vehicles online at hugely discounted prices to lure in buyers hunting for a great bargain. Sameer Kumandan, MD of SearchWorks,...
Cybersecurity

Digital Transactions Fraud Rise 187% in South Africa

Luis Monzon -
As more consumers go online for banking and other financial transactions, new research from TransUnion, an American consumer credit reporting agency, has found that fraudsters are ramping up their efforts in the financial services industry. When comparing the last four...
Cybersecurity

Scam Attempts on Gumtree Have Surged During South Africa’s Lockdown

Luis Monzon -
British classifieds platform popular with South Africans, Gumtree has seen an increase in scams during the country's lockdown with criminals and fraudsters benefiting from scamming people over a distance. Estelle Nagel of Gumtree says that "The pandemic has seen more...
Cybersecurity

Phishing Attacks on the Rise as Millions Seek Ways to Keep Entertained at Home

Luis Monzon -
Kaspersky experts report on the rapid growth of phishing attacks with websites that imitate online shopping and streaming platforms. Comparing the numbers for Q1 2019 and the same period this year, the share of users attacked by fake e-shops...
Cybersecurity

Don’t let fraud naivety sink your digital business

Fundi Maseko -
The success of the recent Black Friday and Cyber Monday weekend is testament to the opportunity offered by digital commerce. But local entrepreneurs should not underestimate the threat of online fraud, which has the potential to ruin an unsuspecting...
Cybersecurity

Keeping your ID safe in the cybersphere: 4 tips you need to know

Staff Writer -
Over the course of the past decade, the brick-and-mortar institutions of yesteryear have rapidly been replaced by online counterparts, with South Africans now turning to the Internet to perform banking transactions, book flights and even shop for groceries. While this...
Cybersecurity

New Payment Security Solution To Reduce Online Fraud

Staff Writer -
CA Southern Africa, a provider of IT management and security solutions,  revealed on Tuesday the launch of CA Technologies, CA Risk Analytics Network. The newly launched network is aimed at tackling online fraud. The CA Risk Analytics Network is the payment...
Cybersecurity

Fighting back with technology to combat fraudsters

Staff Writer -
Technological advances provide more powerful tools in strengthening companies’ defences against fraud, as well as a means for the fraudster to find areas of vulnerability to penetrate. As much as technology helps the company combatting fraud, the fraudster also capitalises...
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Latest News

CybersecurityMamsi Nkosi -

Octa Analyst Shares 4 Tips SA Traders Can Use Against Sophisticated Scams

The Financial Sector Conduct Authority (FSCA) issued an urgent warning about sophisticated scams targeting traders. Fraudsters are now using deepfake...
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