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Archive | Technologically Speaking

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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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AI

Four ways to stay relevant in the techno world

Technology is redefining the way that we do business. The future of how we work beyond 2020 will be very different from how we lived and worked in 2010. A recent Forbes article discusses how to stay relevant as a Financial Advisor. Sal Tiano of J.P. Morgan Securities, shares four ways to ensure your practice […]

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Criminals now use digital technology to commit crime

In a recent media release, SABRIC, the South African Banking Risk Information Centre, on behalf of the banking industry informed bank customers about a scam known as ‘Business Email Compromise’ (BEC) where criminals literally ‘steal money by asking for it’. This scam targets specific employees in organisations who are authorised to transfer funds or make […]

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How dashcam solutions can reduce fraudulent claims

In the light of increasing fraudulent insurance claims, Laurence Smith, executive at Graphic Image Technologies, explained to IT-Online how next-generation dashcams reduce these fraudulent claims. “Dashcams are now equipped with smart sensors that are capable of registering and recognising trigger events, such as sudden stops, sharp acceleration, or collisions. These devices are capable of automatically […]

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Cyber-attacks – Companies face many losses

According to Zamani Ngidi, client manager: cyber solutions at Aon South Africa, as organisations grow their footprint – whether nationally or globally – they are also essentially increasing the likelihood of a cyber breach and also its impact, as the amalgamation and expansion of information technology infrastructure exposes an organisation to more points of entry […]

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How technology is changing the Financial Industry

One of the predictions of 2019 was that digital transformation will be one of the big influences that will be visible in the financial services industry. Forbes predicted that “we will see big changes this coming year, especially for the banking giants, many of which have operated with a legacy-era brick-and-mortar mind-set for hundreds of […]

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Drone technology – An empowering game changer

One type of insurance technology many insurance companies are using nowadays is drones. According to DeLoitte there are two strategic objectives: better risk management through improved data collection, and reduced operational costs through improved efficiency and effectiveness related to claims. Drone deployment is rapidly expanding and evolving, with current and potential applications spanning the insurance […]

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