Everything Counts | Ep 30: Business Cybersecurity: Staying Ahead of Cyber Fraud
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Worried about the growing threat of cybercrime and fraud targeting your business?
This episode of Everything Counts is your essential guide to understanding and combating modern business cybersecurity risks. Join host Motheo Khoaripe as he speaks with Professor Danny Myburgh, digital forensics expert, and Kevin Hogan, Head of Fraud Risk at Investec, to uncover the latest scams like business email compromise, ransomware, fake payment notifications and more.
Learn how cybercriminals exploit trust, hijack email systems, use AI-driven tools to impersonate you and manipulate communication channels to steal from your business. Discover practical tips on securing your passwords, spotting fake payment instructions, protecting your email, adopting two-factor authentication and why independent verification is critical.
Whether you’re a small business owner or part of a larger organisation, this conversation will empower you to strengthen your ‘human firewall’ and stay one step ahead of evolving fraud tactics.
Tune in to make your business cybersecurity smarter, more resilient and ensure that when it comes to protecting your money and reputation, Everything Counts.
00:00 Introduction
01:25 Common cybersecurity threats businesses are facing
02:40 Increase in scams: Deposit scams, investment scams, crypto scams
03:10 Common types of banking fraud
04:00 How phishing works
05:00 The link between ChatGPT and fraud
05:50 What to look out for: Ransomware and data exfiltration
06:30 Cyberattack statistics in South Africa
07:50 What are fake payment notifications and instructions?
09:50 Social engineering: How fraud targets trust
10:30 Email hacking: Filters targeted by scamsters
15:00 What to do if your email has been hacked
16:20 What is email spoofing?
19:30 How often should you change your passwords?
21:20 Business banking tools to prevent hacks
23:00 Using a password manager
24:20 How cybersecurity training keeps your ‘human firewall’ strong
24:57 What does banking security look like?
27:00 Investec Global Client Support Centre
27:15 Conclusion
This episode of Everything Counts is your essential guide to understanding and combating modern business cybersecurity risks. Join host Motheo Khoaripe as he speaks with Professor Danny Myburgh, digital forensics expert, and Kevin Hogan, Head of Fraud Risk at Investec, to uncover the latest scams like business email compromise, ransomware, fake payment notifications and more.
Learn how cybercriminals exploit trust, hijack email systems, use AI-driven tools to impersonate you and manipulate communication channels to steal from your business. Discover practical tips on securing your passwords, spotting fake payment instructions, protecting your email, adopting two-factor authentication and why independent verification is critical.
Whether you’re a small business owner or part of a larger organisation, this conversation will empower you to strengthen your ‘human firewall’ and stay one step ahead of evolving fraud tactics.
Tune in to make your business cybersecurity smarter, more resilient and ensure that when it comes to protecting your money and reputation, Everything Counts.
00:00 Introduction
01:25 Common cybersecurity threats businesses are facing
02:40 Increase in scams: Deposit scams, investment scams, crypto scams
03:10 Common types of banking fraud
04:00 How phishing works
05:00 The link between ChatGPT and fraud
05:50 What to look out for: Ransomware and data exfiltration
06:30 Cyberattack statistics in South Africa
07:50 What are fake payment notifications and instructions?
09:50 Social engineering: How fraud targets trust
10:30 Email hacking: Filters targeted by scamsters
15:00 What to do if your email has been hacked
16:20 What is email spoofing?
19:30 How often should you change your passwords?
21:20 Business banking tools to prevent hacks
23:00 Using a password manager
24:20 How cybersecurity training keeps your ‘human firewall’ strong
24:57 What does banking security look like?
27:00 Investec Global Client Support Centre
27:15 Conclusion
