Articles about Fraud

Crypto scams on the rise in SA

Scams and fraudulent misrepresentation remain among the most prevalent forms of fraud in digital currency.

Standard Bank sounds alarm over AI-generated scams

The big-four bank warns the public about fraudsters using AI-generated voices and e-mails to impersonate bank officials.

Deepfake threats: A cyber security dialogue among experts

Fraud, misinformation and privacy violations are causing significant financial losses and reputational damage.

Professional bodies join hands in fight against fraud, corruption in SA

SAIGA, the ICFP and the Institute of Internal Auditors South Africa are jointly hosting a free dialogue session on the topic of protecting whistleblowers.

Infographic: The true cost of fraud in SA

Forrester conducted a global online survey of 1 845 senior decision-makers at financial institutions and retail institutions.

Digital fraud surpasses physical fraud for first time

South African organisations incur an average cost of R3.64 for every rand lost to fraud, a new study finds.

Beware of bad actors bearing flowers

Romance scamming has become a prevalent way to defraud lonely and vulnerable people, says LexisNexis Risk Solutions.

Standard Bank flags ‘fraudulent site’ Direct Access Finance

The website falsely associates its physical address with that of Standard Bank and links itself to one of the bank’s subsidiaries.

Report: Combating digital identity fraud in Africa

Trends, tactics and solutions needed to tackle fraud effectively.

Online shoppers warned of rising festive season fraud

With the festive season in full swing, local online shoppers and merchants are warned of rising levels of cyber crime.

Trends forecast to shape payments sector in 2024

2024 is expected to see an explosion of authorised push payment fraud and wider adoption of banking-as-a-service, predicts LexisNexis Risk Solutions.

Changing nature of fraud

Criminals are taking advantage of consumers going online, says LexisNexis Risk Solutions.