The Cost of Cybercrime Cybercrime is no longer a back-office risk – it’s a global crisis. Today, cybercrime costs the world an estimated $10.5 trillion annually. That’s more than the entire global drug trade. The financial toll is staggering, but the real damage goes beyond ransomware, phishing, or payroll fraud. It’s something far harder to […]
Cybercrime, Trust, and the Future of Digital Identity Read More »
From AI impersonation to payroll fraud, digital fraud is eroding trust at record levels. Realm ID and RealSign provide organisations with verified identities, secure signatures, and seamless integration — making every interaction auditable, secure, and fraud-resistant.
Ransomware incidents surged to record highs in 2024, costing businesses millions and forcing some into permanent closure. The collapse of KNP Logistics, a 158-year-old UK firm, shows how even established organisations can be destroyed by a single weak password. Here’s what the latest data reveals — and how companies can defend themselves.
Ransomware: A Growing Threat to Businesses Worldwide Read More »
The insider fraud case at FNB highlights how trusted employees can bypass controls and cause significant financial harm. Coupled with global examples, it underscores why banks need stronger measures — from robust internal controls to digital ID platforms that enforce verification and accountability.
Case Study: Insider Cyber Fraud at FNB and Lessons from Global Incidents Read More »
A recent case at Arup’s Hong Kong office exposed the shocking power of deepfake fraud. Cybercriminals impersonated company executives in a fake video call, convincing an employee to transfer HK$200 million. This incident highlights the urgent need for multifactor authentication, robust verification protocols, and advanced employee training to defend against AI-driven deception.
Case Study: The Need for Multifactor Authentication & Verification Procedures Read More »