Deepfake Crisis

“The question is no longer whether deepfakes will affect South Africa, but how well we are prepared to deal with them.”
Boland Lithebe, Accenture Africa Security Lead
 
This stark warning from Boland Lithebe comes at a critical time for South Africa, as the country enters a period of staggered municipal by-elections. The rise of deepfake technology presents a chilling new frontier in the fight against cybercrime and disinformation.
 
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#deepfake #fake #fraud #corruption #AI #cybercrime #cybersecurity #forensicservices #forensics #forensicinvestigation

Cybersecurity in South Africa: 3 Tipping Point Moves for Big Business

Cybercrime is expected to cost the world $10.5 trillion annually by the end of this year. It’s an almost unimaginable amount of money, and surely not a cost businesses can continue to bear for very long.
In 2023, South Africa ranked in the top three most targeted African countries for cyberattacks, according to a report by Kapersky. Top of the list of crimes was ransomware attacks targeting critical infrastructure and financial services.
The recent declaration from Cell C that data compromised in a cybersecurity incident in January this year has now been unlawfully disclosed by RansomHouse throws into stark relief just how serious the problem is. There is clearly an urgent need for far stronger cyber risk mitigation strategies within all businesses in South Africa.
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https://www.linkedin.com/.../cybersecurity-south-africa-3...
 
 
#cybercrime #cybersecurity #fraud #corruption #forensicinvestigation #forensics #forensicservices

The Clash of Titans" Lessons From The Boardroom

“Let’s do more, together.”
If that sounds familiar, it’s likely because it was the ANC’s 2024 general election slogan. Somewhat ironically, and arguably not in the way they would have wanted, they got their wish.
A failure to secure an outright majority ushered in the formation of the Government of National Unity (GNU) - a coalition of 10 of the 18 parties with seats in the National Assembly.
This collaboration between traditionally disparate parties across the political spectrum was unchartered territory; for the first time in 30 years of democracy, the ANC would have to share power.
And yet, despite protracted negotiations over the cabinet formation, and fierce competition for key ministerial positions, initial feelings were that the GNU was a good thing. There was a general, if cautious, joy that the ground-breaking power-sharing agreement would herald the start of true co-operation between our political parties. Surely that could only benefit all South Africans in the long run?
 
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#mergers #coalition #worktogether #agreement #GNU #forensics #forensicinvestigation #forensicservices

The Curse of Desperation

Motive. Means. Opportunity.
Anyone who has ever watched a murder detective series on TV will instantly recognise the significance of those three words. They’re the key determinants to rule suspects in or out when it comes to discovering “whodunnit.”
Motive is the “why” – the reason someone commits murder. Means refers to the ability or resources a person has to enable them to commit it, while opportunity is the “where and when”.
Find a suspect with all three in alignment and you’re likely looking at your killer.
Somewhat surprisingly, the path an employee takes on their journey to committing a financial crime is not all that dissimilar.
Click on the link to read the full article - https://www.linkedin.com/pulse/curse-desperation-jacques-van-wyk-9iraf/
 
#fraud #crime #desperation #workplacefraud #ethics #integrity

Fort Hare and the Corruption Feeding Frenzy

Former President Nelson Mandela would be ashamed of 2024 South Africa.
The country that is just a few weeks away from national elections bears scant resemblance to the free and fair democracy he fought so long and hard to create, and which he led with such dignity, honesty and integrity for five inspiring years.
The ongoing “Money for Pals” scandal surrounding Madiba’s alma mater, Fort Hare University, would be particularly heartbreaking.
 

A Wake-Up Call for CEOs and CFOs - Non-Compliance Is A Criminal Offence

In the shadows of boardrooms and financial statements lurks a silent menace that threatens the very foundation of businesses worldwide: fraud and corruption.
The aftermath of the State Capture era and revelations from the Zondo Commission highlight the prevalence of fraud and corruption in companies, often catching executives off guard.

Getting Away With (Financial) Murder

It’s not the ending anyone wanted.
Nor, to be honest, the one most of us would have predicted.
Markus Jooste, disgraced former CEO of fallen corporate giant Steinhoff, was found dead on Thursday of last week.

Facing the Fallout - The Aftermath of Andre de Ruyter’s Explosive Interview

Former Eskom CEO Andre de Ruyter may no longer be at the helm of our labouring power utility, but he clearly still knows how to make sparks fly.
 

50 Shades of Greylisting - How Badly is South Africa Screwed

 
Find out how you need to comply and the severe consequences of non-compliance.