South Africa has a bigger insider fraud problem than Nigeria — Report

• South Africa indeed has a bigger insider fraud problem than Nigeria, according to the Association of Certified Fraud Examiners' report, which recorded 123 occupational fraud cases in South Africa between July and September 2025. The country topped the continent in terms of occupational fraud cases.
• The report also found that weak controls and sophisticated scams are leaving local firms vulnerable to insider fraud, with most cases involving private-sector organisations.
• South African authorities and experts warn that criminals are evolving their tactics using artificial intelligence, making it harder to detect and prevent occupational fraud, and firms must ensure their security tools can keep pace with this trend.