Todd Schoeman, BT Client Business Director in South Africa, explains how ecosystem thinking can help financial services firms keep themselves and their customers safe in a rapidly evolving cyberthreat landscape. Financial services firms face a [c]
Since January 2023, Check Point Research has seen a 54% increase in new Valentine’s Day related domains, compared to previous months. One out of every 10 new domains containing the term “love” or “Valentine” found to be potentially risky, since the beginning of February 2023. One out of 1,000 Valentine’s Day related emails found to be malicious or suspicious since the beginning of February. [c]
Even though financial concerns remain a significant obstacle for companies in implementing new anti-fraud technologies, 60% of businesses expect an increase in their anti-fraud technology budgets in the next two years. This is according to [c]
A new study from Juniper Research has found that the total cost of eCommerce fraud to merchants will exceed $48 billion globally in 2023, from just over $41 billion in 2022. The Juniper study predicted that [c]
Scope Markets Kenya has cautioned its customers to be vigilant when investing on its online forex trading platform by ensuring they use the correct website. The warning comes on the back of the surge on [c]
Three Nigerians have been arrested in an INTERPOL-led operation targeting malware cyber fraud across Southeast Asia. The three, suspected to be global scammers, were arrested by the Economic and Financial Crimes Commission (EFCC) in a [c]
A Chinese national wanted in connection with a Ponzi scheme estimated to have defrauded nearly 24,000 victims out of EUR 34 million ($35.7 million) was arrested in Papua New Guinea following cooperation via INTERPOL. Posing [c]
Kenyan’s are increasingly adopting digital banking solutions driven by the desire for flexible and convenient banking services. The last two years have seen growth in the adoption of mobile and internet banking services as the [c]
We love making the most of the online world. It offers a host of benefits and opportunities, and is an exciting place to explore. But we can’t ignore the threats associated with an increased digital [c]
Fraud is an increasing problem for those who use such dating apps and platforms in Kenya according to Kaspersky’s survey devoted to using dating apps during the pandemic. Almost 29% of those in the survey [c]
Insurers’ use of predictive analytics to fight fraud has reached an all-time high, according to the latest insurance fraud technology study by the Coalition Against Insurance Fraud and analytics and AI leader SAS. The State of Insurance [c]
In the face of rapid and profound changes in the economic environment, the banking sector must change methods to get to know its customers better and interact with them promptly. The knowledge of people using [c]
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