Time left Show SECTION C: CASE STUDY QUESTIONS, COMPULSORY Read the following case study and answer the questions that follow. Mr Gossip Naidoo works for Fhala Fhala bank Ltd in Durban. Fhala Fhala bank specialises in dealing with forex. Mr Gossip Naidoo works in the IT department of Fhala Fhala bank. He has access to all electronic payments that pass through the bank. Mr Gossip Naidoo's neighbour Cyril Gamalosa is a farmer and owns a small but thriving farming entity, on the outskirts of Durban. He also drives an old Renault that is badly in need of panel beating and polish. One day Gossip Naidoo notices an electronic funds transfer of 4 million Rands from Cyril's business to a creditor. He immediately orders an investigation by the forensic team of Fhala Fhala bank into the source of the funds. The forensic team cleared Cyril's funds as being legitimate capital generated in the normal course of business. The findings of the forensic team agitated Gossip Naidoo. After work he discussed the funds transfer with his wife Mrs Nosey Parker Naidoo. Mrs N.P Naidoo shared the following information with her colleagues on her chat group. 1. That Cyril Gamalosa had 4 million USD in his business bank account. 2. That Cyril Gamalosa paid a creditor the 4 million dollars on a certain date. 3.That the transaction was handed over to the forensic team at Fhala Fhala bank Ltd. 4. That the forensic team at Fhala Fhala bank cleared the funds as being legitimate. Cyril's personal information is published in the community newspaper and now appears in the public domain. QUESTION THREE In relation to Cyrils recent experience as indicated above, confer with Cyril Gamalosa the impact of The Protection of Personal Information Act 4 of 2013 (POPIA) on the electronic payment industry. (25)