Tag: fraud
Massive spike in banking fraud in South Africa
Combined gross fraud losses on South African-issued bank cards soared by 18% in 2018, compared to the previous year, and totalled an astronomical R873.4-million, industry...
South African banks rolling out new system to fight debit order fraud
In December 2018, a number of South Africans had been hit by a ‘mysterious R99 debit order’.
While the full extent of the scam is not...
Steinhoff may be ‘the tip of the iceberg
The Steinhoff case raises important questions about our financial system as a whole – and the possible consequences if other companies were subjected to...
This is the most common type of fraud in South Africa
Once believed to be the domain of government, high level economic crime has become more common in the corporate arena with exposure of the...
Omron helps combat counterfeiting in the pharmaceutical industry
Omron’s expertise in machine automation and vision systems means it is ideally placed to advise and assist in implementing serialisation systems to reduce counterfeiting...
Data ransoms are crippling businesses
Cyber criminals are always on the prowl, analysing online behaviour of users and looking for new opportunities to infect computers. Ransomware is the latest...
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