AI is changing the game for scammers, making it easier for them to trick people into giving away their money and personal information. They use deepfake videos and fake investment apps that look real, making it hard for anyone to spot the lies. The South African Banking Risk Information Centre warns that many have lost millions to these clever schemes. To protect yourself, always check if messages are real, only download apps from trusted sources, and never share your personal details. Stay alert and verify before you trust!
South Africa’s Social Relief of Distress (SRD) grant system is crucial for helping those in need, but it has serious security problems. Investigators found weak protections that leave sensitive personal information vulnerable to cybercriminals. Issues like poor authentication and unsafe backup files could lead to identity theft and fraud. The government acknowledges these flaws and vows to take action, highlighting the urgent need for better security to protect citizens and restore trust in this important aid program.
The Big Issue, a publication in Cape Town, recovered from a scam that cost them R600,000 by undertaking cybersecurity training and implementing measures to prevent future scams. The magazine relies heavily on vendors who sell the magazine for R30 and receive half of the proceeds, which are used to fund skills development workshops. The Big Issue’s resilience serves as an inspiration and reminder of the importance of cybersecurity in today’s digital era.
As our world becomes increasingly digital, it is essential to prioritize online security and safety. Safer Internet Day aims to draw attention to emerging online risks such as cyberbullying and child exploitation. The surge in internet usage has led to an increased risk of exposure to harmful content, emphasizing the need for stronger and more effective internet safety protocols. It is vital for organizations to take steps to safeguard themselves and their clients from financial losses, reputational harm, and evolving regulatory demands.
Deputy Minister of Communications and Digital Technologies, Mr. Philly Mapulane, recently outlined his vision for South Africa’s digital future in a budget vote speech. His focus was on accelerating universal connectivity and expanding digital skills to foster an inclusive digital economy.
Social media has become an integral part of our daily lives, providing a platform for connecting with others, sharing information, and entertaining ourselves. However, with the benefits come risks that can compromise our personal and financial security. ### Be Cautious of Suspicious Links and Attachments