Become a human firewall – defend yourself against rising cybersecurity threats
A report on global email security projects a staggering $8 trillion cost due to cybercrime. Amid these escalating threats, an unexpected factor emerges: human error.
Cybercrime
Videos
Watch: FPI Financial Planner of the Year on key issues shaping the financial landscape
Animated video explains the two-pot retirement system
NCA Credit providers’ FICA obligations
NCR Desktop Audits
Is South Africa on track to getting off the grey list?
Looking back at this year’s FPI Professional’s Convention
Enhance your HR skills by attending our insightful webinars in November
Webinars on how to investigate misconduct and address poor performance
Why the High Court rejected PSG Wealth’s defences against liability for client’s loss
PSG contended its liability for loss could not include instances where the client’s computer was hacked because of his negligence.
Financial services firm caught in email fraud must reimburse client
Hacker gets away with R800 000 after duping PSG Wealth employees twice within 10 days.
Santam alerts advisers to email interception cyber scam
Provides guidelines on how to avoid being caught out.
Cybercrimes and business interruption: what to look out for in policies
Many businesses are operating under the false belief that their insurance policy adequately covers data security and privacy exposure.
Conveyancing attorney liable for R1.4m after fraudster intercepts email
Attorney also sought an order holding Standard Bank liable if the court found that he had to pay the respondents.
Is business email compromise also a threat to advisers?
The recent findings against prominent legal persona might be a timely warning for the financial services industry to take preventative action.
Cybercrime judgment has implications for FSPs that email bank details to clients
ENS was aware that business email compromise attacks were rife in the conveyancing industry, judge says.
How to keep cybercriminals at bay when shopping online this Black Friday
Cybercriminals create bogus online stores that claim to sell hard-to-find items.
Why insurance premium increases are unavoidable
Santam’s executive head of commercial and personal intermediated business, Andrew Coutts, has issued a communication to intermediaries setting out the factors that have made premium increases unavoidable. Coutts said households and businesses have […]
Huge increase in backdoor malware in South Africa, says Kaspersky
The incidence of South African businesses that came under attack from a particularly dangerous type of malware increased by 140% between the first and second quarters of this year, according to cybersecurity and […]
Advice for intermediaries when talking to clients about cyber insurance
Cyber security is getting closer to the boardroom, and it is only a matter of time before a failure to implement basic cyber security protocols will result in claims against directors and officers […]
Key trends in the short-term insurance industry
The South African insurance industry is a vital socio-economic sector that provides a critical safety net to society. This was crystalised in 2021 as we continued to grapple with the fallout from the […]
Cybercriminals breach data records of 1.4 million consumers
In South Africa’s latest major data breach, it has emerged that cybercriminals accessed the personal records of more than 1.4 million consumers and employees in a ransomware attack on the servers of Debt-IN […]
2022 is closer than you think
A month or so ago I watched a documentary on Showmax titled ‘Our Towns’, the film version of a book, ‘Our Towns, A 100 000 Mile Journey in the Heart of America’, by […]
Five trends to consider to future-proof your practice
Change in the last 18 months has been rapid, with business and advice moving online in a matter of weeks. Zoom alone grew from around 10 million users in 2019 to 300 million […]
The FSCA and Cybercrime
Cybercrime continues to evolve, with new threats surfacing every day. Last year an Accenture study revealed a huge spike in cyberattacks on all fronts – banks, Internet service providers (ISPs), utilities and ecommerce […]
