Tag: personal information

Cyber threats usually escalate during the festive season, as cybercriminals take advantage of holiday distractions. For many, a tax refund may feel like the perfect holiday gift. But, unfortunately, cybercriminals often intercept these refunds, leaving taxpayers and businesses vulnerable.

Con artists and scammers are becoming more skilled at manipulating bank details and private information from consumers. It is important to understand the risks and recognise the warning signs. Fraud and scam statistics in South Africa are alarming.

As essential services continue to digitise at an increasing rate, digital identity will remain central for businesses and governments. In many cases, digital identity is recognised as the first line of defense in protecting funds and data. As a result, business attitudes toward digital identity are evolving fast.

Strengthening digital verification methods in financial services is essential to combat fraud, ensure regulatory compliance, and enhance customer trust in today's rapidly evolving digital landscape. Digital onboarding and real-time transactions are key to delivering a slick customer experience for financial services today. However, this open trading world has created gaps for financial criminals, including money launderers, terrorist financiers, and fraudsters, to exploit.

With Black Friday around the corner – a time when credit and account cards are in heavy use – we are urging consumers to stay alert against the rise in fraudulent activities. The increase is the use of online platforms for shopping and managing bills, opens us up to more advanced types of fraudulent activity, so preventing and minimising the risk of financial fraud is important.

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.

Clients today recognise that while convenience is easily replicable, delivering exceptional Customer eXperience (CX) through a genuine understanding of their unique business needs is irreplaceable. Client interaction and project management strategies are shifting dramatically toward hyper-personalisation, and businesses in the B2B space risk consistently falling short of meeting client expectations and client experiences, if they do not empower their teams effectively.

Remote work has become a new reality for many professionals. Employees, ranging from designers to accountants, often handle sensitive information, which presents a risk of compromise when operating outside an office environment. To help navigate these challenges, we have compiled a checklist that empowers remote employees to work in comfort while maintaining data security.

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.

Criminals are launching targeted online attacks against high-value individuals. What can they do to stay safe? Most cyberattacks are opportunistic. Much like a mugging on a dark street, it doesn't matter who the victim is as long as the perpetrators gain something out of their crimes. However, a growing number of these attacks are designed to target specific people, such as CEOs, Directors, Board Members, CFOs, IT administrators, and wealthy individuals.