This case highlights the importance of verifying banking details before making electronic payments, especially when receiving a change of instructions. Who should care about this judgment and why? Essentially all businesses face the threat of business email compromise. This judgment provides [...]
Business email compromise (BEC) scams are a growing threat for organisations. Cyber criminals use fake emails to trick employees into giving away sensitive info or money. Some companies have lost millions, faced bankruptcy and suffered reputational damage as a result. [...]
In Lester Connock Commemoration Fund v Brough Capital, the high court held Brough Capital liable for a breach of agreement in administering funds for the Rotary Club of Rosebank. The court found that fraudulent email transactions totalling R3.1 million occurred [...]
In Safi v Gascoigne, Safi sued Gascoigne Randon and Associates, a conveyancing firm, for a loss of R889,308.50 from a business email compromise (BEC). Who should care about this judgment and why? The public because they need to be aware [...]
