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Cyber fraud, data and payment breach risks need to be managed urgently and strategically with the right tools, says Ryan Mer, CEO at eftsure Africa, an automated Know Your Payee™ (KYP) platform provider.
Court judgment has consequences for companies that invoice via email.
E-mail account was hacked by cybercriminal unbeknown to company or client.
ENSafrica should have foreseen the loss of money through changed bank details, a court ruled, and its cybersecurity was clearly not good enough.
The metaverse is ultimately about creating a sense of community - but ethics needs to be at the forefront of its continued development...