Werksmans Attorneys’ Bernard Hotz on how fintech companies can protect against cybercrime

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Werksmans Attorneys’ Bernard Hotz on how fintech companies can protect against cybercrime


In this Business Talk with Michael Avery interview, Werksmans Attorneys’ Bernard Hotz discusses how South African companies can protect themselves against cybercriminals targeting the fintech sector.

Hotz is the Head of Business Crimes and Investigations for Werksmans Attorneys, and is a highly experienced commercial litigator.

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@dikvis7

and this is why lawyers should stick to law..and leave cyber to the cyberguys…

@HomeTV-y6q

How to prevant an inside job because most of the infomation come from workers in the bank.?

@DaveyNavy1967

Bernie excellent comment and thoughts. APP fraud is massive. Sadly this new generation doesn’t know a good investment from a bad one. Madoff was an expert at the ponzi lie. As you said if an investment is too good to be true run a mile. Crypto is unregulated and is currently the place to go for all criminal activities. Governments and regulators are too
Late. It’s too sophisticated. Banks can only do so much. They have to rely on people to do the right thing. I run a mile from Crypto. Cyber crime is run out of Russia and India and people on the ground will not be able to stop it as the authorities don’t care. You said it the weak and the old fall victim to cyber crime after receiving calls and emails from what looks
Like their bank. Global cooperation needs to be tighter. But it’s not likely. Terrific content thank you.