Mycotoxins are important environmental and carcinogenic agents. They are ubiquitous in a broad range of commodities and cause toxic responses when ingested by humans and animals. A review of mycotoxins is presented with special reference to the producing species, analytical methodology, occurrence, biological activity, decontamination, regulations and the risk assessment of aflatoxins, ochratoxins and fumonisins. Some of the most recent studies regarding the mechanisms involved in fumonisin B
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‐induced biological effects in different cell culture systems are tabulated. The review is directed at updating the previous review of Steyn and Stander (1999) with a focus on recent findings.