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In the past decade, our financial systems have become more digitally interconnected than ever before. Convenience and speed now come with a price: financial crime.
A recent InfoQuest survey found that 57% of South Africans have been targeted by scams in the past year, indicative of an increasingly sophisticated “scam economy”.
Cyber threats are among the most critical risks for businesses. The volume of incidents continues to rise, resulting in unprecedented losses and posing a threat to critical infrastructure and economic stability.
The strongest deterrent against FSP compliance missteps is or should be: