Smart Tips for Secure Online Transactions

Fraud Management

The internet has become an integral part of every organization, and its absence, even for a day, can have disastrous results. With digitization, the threats have become increasingly complex, and cyber criminals are leveraging all means of exploitation and vulnerabilities to attack businesses for financial gain, business disruption or even ideological agendas.

Every day, a new strain of malware is being generated, and organizations of all sizes are struggling to combat these threats, with a high number going unreported. When it comes to cybercrimes, it is reported that South Africa has the third highest number of cybercrime victims worldwide. As a country, we lose around R2.2 billion a year to cyber-attacks, making us more vulnerable than any other African country.

The following tips to will help to protect you from many potential cyber threats:


Your password is the most crucial security element to ensure secure transactions, and your password must be complex enough, containing upper and lower case letters, special characters, and numbers. Do not use the same password for different accounts and change your passwords frequently. Lastly, avoid clicking on any links that ask for identification information.


It is very important to use the most updated version of a reliable anti-virus and firewall security program, and update it regularly to ensure that the program has the latest information about hacker tricks and fraud management.

Anti-Virus Programs

If you want secure payment methods, then choosing the right anti-virus software becomes extremely important. Run virus scans almost every day on your computer and use an ad-blocking software program along with a spyware detection program.

Online Shopping Tips

  • Always log out of banks, merchant sites or credit card sites after completing any transaction.
  • Never save your username and passwords for merchant and banking websites.
  • Never access your bank or credit card websites while using public Wi-Fi.
  • Use secured internet connections for all transactions.

Following these tips will go a long way to preventing misuse of your credit or debit cards and ensure complete safety in your online transactions.