Provinces to talk more about crime

Police Minister Nathi Mthethwa has called for provincial police coordination to be prioritised in order to deal with crime more effectively. 29 Nov 2011 11:13

Companies need to beware of fraud over festive season

As orders increase before the festive season close, companies need to be aware that fraud is increasing, as white-collar criminals take advantage of the rush. 24 Nov 2011 10:50

FNB launches biometric system in 160 branches

FNB has successfully tested and rolled out a biometric identification and verification system, allowing for online verification of customers in 160 branches nationwide. More than 130 of these are EasyPlan branches, the bank's low-cost banking model. 9 Nov 2011 10:20

Somalis take another ship in Gulf of Aden

Yet another ship has been hijacked in the Gulf of Aden by Somali pirates. This time it is the Greek-owned chemical tanker, Liquid Velvet with a crew of 22 and IOL reports that it was sailing under the Marshall Islands flag. 7 Nov 2011 14:17

Paycorp achieves PCI compliance

The PCI Security Standards Council (SSC), an international organisation whose aim is to develop, maintain and manage PCI security standards, monitors compliance to Payment Card Industry (PCI) Data Security Standards (DSS). This compliance has been awarded to Paycorp Holdings, a leading Southern African payments company, which becomes one of the first in the financial services industry to achieve such compliance. 28 Oct 2011 12:12

Kaspersky Lab releases Global IT Security Risks Survey results

MOSCOW, RUSSIA / JOHANNESBURG, SA: 91% of companies globally have experienced an IT threat over the last 12 months according to Kaspersky Lab's Global IT Security Risks Survey. In fact, over the period, 61% of the attacks were due to malware infection, 48% of companies have noticed an increase in the number of cyber attacks and 30% of companies have lost critical business data. 27 Oct 2011 07:39

Bank details scam is staging a comeback say PwC fraud experts

LONDON, UK: It all starts with a letter or email: "Dear Accounts Payable department, our bank details have changed to the following. Please can you update your records." Companies that fall victim to this 'change of supplier bank details' scam, currently staging a comeback, , may end up paying out large sums to the wrong people, according to fraud experts in PwC's forensic services. 27 Oct 2011 07:22

Reducing cash in transit heist risks over year-end

[Grant Dunnington] Statistics show that cash in transit (CIT) heists are highest from November onwards and though there has been a reported decrease in CIT heists over the last couple of years, retailers are still not immune to attacks and should take the time to review security and be alert of suspicious activities on their premises. 21 Oct 2011 10:15

Cybercrime increase worries, vulnerable groups targeted

[Issa Sikiti da Silva: @sikitimedia] The 2011 Norton Cyber Crime Report says 431 million adults worldwide fell victims to cybercrime last year. Women, disabled people, schoolchildren and job-seekers continue to fall victims of cybercrime, which has reached significant proportions in South Africa and the rest of the world, worrying governments, internet experts and scarring users. 29 Sep 2011 09:02

Beware phishing attacks increase before Christmas

Absa has urged its customers to remain informed and become increasingly vigilant so that they do not become victims of attempted phishing attacks, as these tend to escalate towards year end. 23 Sep 2011 11:15

Deloitte assists municipality in prosecuting tender fraud

Despite the adequate legislation to combat corruption and supply chain management irregularities, the processes and systems to implement the legislation have not been adequately designed to allow transgressors to be brought to book. Deloitte has now designed such systems to assist Saldanha Bay Municipality to prosecute and discipline those found to have put the municipality at risk amounting to more than R50 million. 21 Sep 2011 13:04

Bizcommunity

Bizcommunity launches new dedicated sectors, newsletters

Bizcommunity.com - South Africa's largest online B2B publisher - is set to grow even more with the introduction of 16 new content channels, with weekly newsletters, as from last week Tuesday, 20 September 2011. 20 Sep 2011 15:45

Cybercrime moves up to big time numbers

Based on financial losses (US$114 billion) and time lost ($274 billion), the cost of global cybercrime has been calculated at an annual price of $388 billion, more than the combined global black market in marijuana, cocaine and heroin of $288 billion. Globally, every second, 14 adults become a victim of cybercrime, resulting in more than one million cybercrime victims every day. 14 Sep 2011 08:58

Launch of affordable fingerprint scanning software

Though the technology of fingerprint scanners controlled access reduces losses caused by clocking fraud and unauthorised access, the costs have been high. The launch of a new affordable system will give smaller operations access to all the advantages of fingerprint-based security. 28 Aug 2011 22:35