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Archive | Technologically Speaking

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LinkedIn – 4 ways to improve your profile

If potential clients are seriously considering appointing you as their financial adviser, they will often look to platforms like LinkedIn, which is where they form a first impression of you. Building your LinkedIn presence is important for a number of reasons. It expands your network, you can stay top of mind, you will get web […]

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Onlinebanking

Fintech – What can possibly happen in 2020?

The fintech space has seen a lot of exposure in the last few months, from international reports to the release of the Fintech Landscaping Report by the Intergovernmental Fintech Working Group (IFWG). In a recent opinion piece, Daniel Goldberg, co-founder of Bridgement, also unpacks the fintech space and shares some of his fintech predictions for […]

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Technology – Friend or Foe?

“It’s no secret that the insurance sector is conservative by nature and has largely been slow to embrace technology. In the past year, many of the large incumbents have been touting new ‘digital’ offerings to keep the insurtech challengers…at bay,” states Travys Wilkins from independent comparison website CompareGuru. In an ITOnline article, he lists five […]

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Techno-innovation – Cyber threats a possible obstacle

The latest Intergovernmental Fintech Working Group (IFWG) report highlights that increasing cyber threats present a material obstacle to the progress possible through technological advancements. According to Danny Myburgh, Association of Certified Fraud Examiners’ Cyber Forensic Forum for South Africa, the most dominant types of cyber threats encountered are a combination of computer incidents and fraud. […]

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cyber-atteacks

Cyber-attacks – Main culprits identified

Various annual reports and research have recently highlighted cyber-attacks as the number one global risk for companies. A media release by Mimecast towards the end of 2019 indicated that four major cyber-attack campaigns were detected in South Africa between July and September. The systems of several financial services companies suffered the brunt of the impact […]

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Online scams to watch out for in SA

In light of ASISA’s recently published consolidated statistics of fraudulent and dishonest claims, Herman Lombard, Founder and Executive Director of financial services provider African Unity, also emphasised this phenomenon in a recent media release. However, he stresses that economic fraud doesn’t just stop there. The internet and social media have provided a whole new world […]

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Social-media

The importance of protecting your tech gifts

With Black Friday deals flooding your mailbox, many consumers will take to the shops or purchase some of those deals, especially the discounted tech items. These valuable items come at a great discount and, as they’re cheaper, they are often bought without giving insurance a thought. According to the Governance, Public Safety and Justice Survey […]

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Artifficial-intellegence

Artificial Intelligence and Robotic Process Automation – Possible impact on insurance industry?

How is the adoption of technologies such as Artificial Intelligence (AI) and Robotic Process Automation (RPA) optimising the future growth of the insurance industry? How is it performing against the industry’s regulatory challenges? “While RPA, AI and customer analytics present significant growth opportunities for the insurance sector, the benefits will only manifest if insurers identify […]

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cybergear

Ransomware – Beware air waves piracy

According to recent articles, insurance companies around the world are concerned that ransomware-based cyberattacks are on the rise, and that they stand to lose more as hackers step up their efforts to demand bigger ransoms from their victims. “Attacks are ramping up globally, so the number of South African organisations being impacted is increasing as […]

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Social media – Five tips for cyber safety

A recent article published by Discovery explains that social media, apps and devices can leave any business vulnerable to crime. With cybercrime, it’s important to remember that criminals will take their time to research every aspect of a person or a business online so they can find ways to raise a person’s curiosity or to […]

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