May 12, 2022

Who is held responsible for payments lost due to cybercrime?

This is exactly what happened in Fourie v Van der Spuy and De Jongh Inc. and others. The First Respondent was a law firm and the Second and Third Respondents were practising Attorneys. The Applicant claimed payment of R1 744 599.45 from the Respondents. The First Respondent had a mandate to deal with money paid into Trust by the Applicant. The Second Respondent, upon receiving instructions to make payments via email, paid the money into a banking account belonging to an unknown third party who fraudulently hacked the email server of the Applicant and sent emails to the First Respondent […]
May 4, 2021

Six ways you can improve your business’s cybersecurity measures

How well are you equipped for handling cyber threats to your business? Take the quiz below to test your knowledge on cybersecurity. 1) You just received an email from a client telling you to attend to an urgent financial matter with a link to help you. Do you… ? a.) Click the link provided to sort out the problem as quickly as possible. b.) Delete the email because all emails like these are scams. c.) Carefully assess the sender address and content, and contact the sender via a previously used channel. There are many cybercriminals out there who are intent on gaining access to company secrets and […]
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