Your client’s email is hacked. You make the payment. Who pays?
Practical steps for FSPs and their clients to spot, verify, and prevent fraud before a compromised email becomes a costly payment.
Cybersecurity
How scammers turn your trust against you
Social engineering is driving digital banking losses as criminals use convincing impersonation, urgency, and technology to manipulate customers into giving them access to their money.
New IT and cyber incident reporting template now in effect
The reporting framework requires financial institutions to assess materiality promptly and provide regulators with information even while an incident is being investigated.
Tax filing season will put new security measures to the test
After concerns over profile hijackings and fraud, SARS says stronger security measures are central to its digital-first tax-filing strategy.
Human error remains the biggest cybersecurity threat for dealerships
Panellists at the F&I Virtual Summit say most data breaches still begin with staff mistakes, despite growing investment in digital systems and compliance controls.
Discovery Bank enters next phase of ‘super bank’ strategy
The bank says its AI-driven banking and fraud prevention systems have reduced fraud on flagged transactions by 85%.
Sanlam: clients need advisers’ counsel in a more fragmented world
Global shocks may be getting harder to forecast, and the real task is constructing portfolios that can withstand a wider range of outcomes.
Cabinet clears draft AI policy for public comment
Approval of the draft AI policy signals a shift to structured oversight, with businesses urged to prepare for evolving compliance expectations.
Why cyber resilience matters more than ever for insurance brokers
Brokers sit at the centre of the digital risk landscape because of the nature of the information they manage and store.
Cyber compliance is now a mandatory aspect of an FSP’s risk management
With data breaches costing firms tens of millions per incident, Joint Standard 2 forces financial institutions to strengthen governance, monitoring, and incident response.
Global risks are landing closer to home for SA businesses
While local risk rankings align with global patterns, infrastructure fragility, business interruption, and cybercrime leave SA firms particularly exposed to cascading disruptions.
AI vaults from fringe concern to top-tier business risk
Small and mid-sized businesses face heightened AI risks, but targeted support from insurers and advisers can help bridge the gap.
Last chance to book for Moonstone’s compliance webinar
The agenda includes the OMNI-Risk Return, COFI, FICA Business Risk Assessments, and practical cyber-resilience guidance.
From OMNI-Risk to cyber risk – don’t miss Moonstone’s compliance webinar
Registration is open for Moonstone Compliance’s Regulatory Update Webinar on 12 November.
Two pots showing results, but success hinges on preservation and education
Industry experts say that small, unclaimed pots left behind by members pose a growing challenge that must be managed to protect long-term retirement outcomes.
Regulators invite comment on draft IT and cyber incident reporting rules
Financial institutions subject to Joint Standards 1 of 2023 and 2 of 2024 are asked to provide feedback by 5 October 2025.
Cyber threats: awareness high, but cover still low
Only a fraction of South African consumers and businesses have cyber cover, leaving a significant gap between awareness and protection.
