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08 October 2020 Photo Istock
Whatsapp security
It is important to be safe when using WhatsApp. Do not leave your phone unattended when you are not close by.

There are 2 billion WhatsApp users in the world, and 1,6 billion WhatsApp users access their accounts on a daily basis.

However, it is important to also be safe when using this popular communication tool.

According to Cobus van Jaarsveld, Assistant Director: Threat Detection, Investigations and Liaison in Protection Services, it does happen that people’s WhatsApp accounts get hacked; this is a serious violation of privacy.

“It means a third party now has unlimited access to your personal chats, information, media – and in some instances, they can also masquerade as you by deleting your chats, replying to your chats, and committing crimes. That’s just the tip of the iceberg of how harmful it can be to get hacked,” says Van Jaarsveld.

He adds: “Hackers can access your WhatsApp data by various means, e.g. via WhatsApp web or registering your number on another device.

The South African Police Service (SAPS) provided the following tips to prevent one’s WhatsApp from getting hacked:

• Log out from all computers that you see in the list under WhatsApp Web. This will stop hackers from further reading your chats. However, this should be done every time you use WhatsApp web.
• Do not leave your phone unattended when you are out.
• Lock all your apps to prevent unknown people from accessing your apps.
• Do not connect your phone to unknown Wi-Fi connections, as hackers can also use the unique MAC address to access all your WhatsApp chats.
• In case your WhatsApp has already been hacked, deactivate your account by emailing support@whatsapp.com. Your account will be automatically deleted if not accessed for 30 days.
• Enable two-step verification under your WhatsApp account settings. This will add an extra layer of security to the app.
• Lock WhatsApp. It is imperative to have the AppLocker that will help you lock your WhatsApp. While WhatsApp does not offer this application per se, you can download it and the app will facilitate the use of your WhatsApp with a password or PIN. This will help to prevent anyone who has access to your phone from accessing your WhatsApp account, since they will require a password to open it.

News Archive

Deputy Governor of SA Reserve Bank inspires students
2016-08-19

Description: Deputy Governor of SA Reserve Bank  Tags: Deputy Governor of SA Reserve Bank

Dr Lyndon du Plessis, Head of Department of Public
Administration and Management, Francois Groepe,
Deputy Governor of the South African Reserve Bank,
Prof Philippe Burger, Head of the
Department of Economics and B.Com Hons student,
Mosoeu Mabote.

Photo: Siobhan Canavan

Students from the Faculty of Economic and Management Sciences had the opportunity to learn from the best in the field when the Deputy Governor of the South African Reserve Bank, Francois Groepe, presented a seminar on the changing roles of central banks.

According to Groepe, we are currently living in challenging times as central banks are called on to do more.

“Central banks have limits, and these limits are not always understood,” he said on 11 August 2016 in the Equitas Auditorium on the Bloemfontein Campus.

How central banks contribute to inflation

There are two main generally-expected roles from central banks: the obvious one of providing bank notes and coins, and the other, maintaining price stability.

According to Groepe, the aim of keeping prices stable is to ensure easier planning for the future, and to assist the poor.

“The poor are the ones more vulnerable to higher inflation because they hardly have enough to get by,” he said.

A negative impact on monetary policies could affect the economy negatively. This is as a result of higher inflation caused by the increase in food prices.

Furthermore, the 12% government debt renders a negative yield in the economy.

The stability of finances in South Africa


Financial stability is not an end in itself, but, like price stability, is generally regarded as an important precondition for sustainable economic growth, development, and employment creation.

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