by Dianne Bayley | Mar 14, 2023 | Security and Legal
The decision announced by the Financial Action Task Force (FATF) on recently to add South Africa to the international watch dog’s grey list was large expected. In fact, this was the sentiment expressed during a ‘Fighting Fraud and financial Crimes – the Road Ahead’...
by Dianne Bayley | Oct 10, 2022 | Security and Legal
A massive 72% of state and local government organisations attacked by ransomware had their data encrypted – 7% more than the cross-sector average.In fact, according to Sophos’s “The State of Ransomware in State and Local Government 2022” report, only 20% of state and...
by Dianne Bayley | Feb 19, 2020 | Security and Legal
Bank hackers, email phishing scams and identity theft are synonymous with fraud in the financial sector. According to a statement by the South African Banking Risk Information Centre (SABRIC), more than R 800 million were lost over the last couple of years in South...
by Dianne Bayley | Feb 2, 2020 | Security and Legal
Corporate corruption scandals are an organisation’s worst nightmare, as the ensuing consequences are difficult to detach from once they have been uncovered. Incidents that are classified as ‘corporate scandals’ include acts such as bribery, money laundering, terrorist...
by Dianne Bayley | Sep 4, 2019 | Security and Legal
The ransomware attack on Johannesburg power utility City Power earlier this year shows how easy it is for organisations to fall victim to cybercriminals, who often carry out attacks that are financially motivated, writes Lukas van der Merwe, Specialist Sales...
