PSG Wealth ordered to pay client more than R800 000 lost in cybercrime fraud

GROUNDUP: High court orders financial services firm to pay client over R800,000 lost in cybercrime fraud

Judge found that PSG Wealth Financial Planning had not complied with its own policy to protect clients against cybercrime.

Court orders PSG Wealth Services to pay client over R800,000 stolen in hacking

he court found the financial services company did not comply with its own policy to protect clients against cybercrime

South Africa: Financial Services Company Ordered to Pay Client More Than R800,000 Lost in Cybercrime Fraud

[GroundUp] Judge found that PSG Wealth Financial Planning had not complied with its own policy to protect clients against cybercrime

PSG Wealth ordered to pay client more than R800 000 lost in cybercrime fraud

PSG Wealth Financial Planning has been ordered to pay a client more than R800 000 stolen by fraudsters through email cybercrime.

Financial services company ordered to pay client more than R800,000 lost in cybercrime fraud

Judge found that PSG Wealth Financial Planning had not complied with its own policy to protect clients against cybercrime