Tag: cybersecurity

As the year ends, businesses face year-end fatigue and the pressures of the approaching festive season. This period, marked by heavy workloads and rushing to meet targets, creates opportunities for cybercriminals to exploit vulnerabilities. One prominent method is business email compromise (BEC), a sophisticated cybercrime targeting organisations via email system infiltration. A common BEC tactic involves altering banking details on invoices.

As Black Friday approaches, millions of consumers prepare for one of the busiest shopping days of the year. The excitement of discounts and limited-time deals drives online shopping. However, this also creates an opportunity for cybercriminals to exploit the surge in activity.

Black Friday is almost here, raising stress levels for everyone involved. Shoppers rush to find valuable deals. Retailers need to achieve sales targets to satisfy shareholders. To succeed this year, organisations must maximise their retail technology investments and offer real value and superior customer experiences.

Consumers are familiar with phishing emails, fraudulent SMS messages and social media scams. However, the scale and complexity of cyberattacks on critical sectors far exceed these relatively simple threats. Entire industries and governmental bodies face increasingly sophisticated attacks. These attacks can cripple essential services, cause significant economic damage and compromise sensitive data on a massive scale.

BBanking goes far deeper than managing financial transactions. Organisational, compliance and governance layers are demanding and complex. From merchants to customer onboarding, relationship banking and internal agreements, these layers require effective management. Workflow management must also be handled securely and with certainty. This ensures both the bank and its customers are protected.

These are times of unprecedented change and disruption. New technological innovations and geopolitical events are just two of the major catalysts of change in the landscape of risk. In times of volatility, businesses are often faced with increased risk exposure, with opportunistic cybercriminals at the ready to exploit vulnerabilities and take advantage of loopholes.

Public Branch Exchange (PBX) has been synonymous with business communication for decades, representing a kind of mini phone network for a business’s internal and external communication. Traditionally, it has been a big investment and, as we all know, technology ages and needs to be serviced. 

Business travel fuels growth for many South African companies, driving expansion through new connections, sealing deals, and unlocking opportunities in diverse markets. However, data reveals a significant cost associated with these trips. From August to October 2023, companies typically spent R15,138 per domestic trip and R34,943 per international business travel. These high costs highlight the critical need for companies to ensure their employees are safeguarded against cyber threats.

With remote work firmly entrenched in our reality, employee self-service systems have become a game-changer, digitising and automating critical tasks to ease the administrative load on payroll and HR teams. These web or mobile-based platforms offer employees direct access to their personal HR information, enabling them to manage various aspects of their employment independently.

Businesses face an ever-increasing array of security challenges today and as they adopt new technologies to stay competitive, the need for robust security measures has never been more critical. The ever-expanding range of technologies competing to keep business information safe can be overwhelming for organisations striving to stay ahead.