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Filter: Fraud
The rising tide of business email compromise

23 July 2024

Cybercrime is on the rise and is fast becoming one of the most noteworthy threats of the modern age. Perpetrators... of cybercrime are located all over the world and can swiftly facilitate cybercrime between jurisdictions. Developing countries such as South Africa are also more vulnerable to cybercrime, especially with the rapid spread of technology and the internet across the African continent, creating a new and vulnerable target base for cyber criminals.

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272
Article
How far is a bank liable if you lose your credit card and pin?

10 July 2020

I lost my wallet with my credit card in it and a piece of paper on which I wrote down... my new card pin number. Because I was hoping I may still find my wallet, I didn’t immediately stop my bank card. A few hours later somebody used my card to pay for food on the other side of town. I then immediately phoned the bank to stop the card and informed the bank that somebody else had my card and pin. The bank told me in that case the bank would not be liable for my losses. Is this true?

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873
Article