BUSINESSThe signing of the Cybercrimes Act into law by President Cyril Ramaphosa in June was a good start that will require intensified and coordinated action to materialise. South Africa must work with fellow African states to marshal all resources to deal with this form of crime. With the help of funding from the UK, this will beef up the capacity of 49 African countries to combat cybercrime. Closer to home, PwC’s Global Economic Crime and Fraud Survey 2018 estimated that 26% of South African organisations expected cybercrime to be the most disruptive economic crime. In the State of Mobile Fraud in Africa report, Evina alarmingly revealed that 19% of mobile transactions in Africa got concluded without the user’s consent.

Source: News 24 July 28, 2021 12:56 UTC