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You’re safe from ransomware – if you have R6.4bn lying around

You’re safe from ransomware – if you have R6.4bn lying around

Sep 25, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

Ransomware attacks have massively increased since the start of lockdown. Here’s what you need to know to protect your company. When hackers targeted Transnet’s computer systems in late July this year, logistics at major ports ground to a near-halt for the second time...
Ransomware prevention tips for SMEs: The threat from within

Ransomware prevention tips for SMEs: The threat from within

Sep 17, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

Staff play an important role in the risk profile of all companies. The frequency and cost of insider threats have increased dramatically over two years, regardless of whether the source is a careless or negligent employee or contractor, a criminal or malicious...
Cyberhackers outscore losses from weather-related disasters five to one

Cyberhackers outscore losses from weather-related disasters five to one

Sep 10, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

There was an opportunity for insurers and intermediaries to sell more cyber insurance as a result of the shift in consumer behaviour because of the pandemic, Andrew Coutts, the head of intermediated business at Santam, said this week at the launch of the 2021 Santam...
Malware attacks in Africa reach 85 million in 6 months

Malware attacks in Africa reach 85 million in 6 months

Sep 2, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

The increasing dangers of malware attacks.    According to research done by Kasp, malware is rife across Africa with various countries exhibiting strong growth in all malware types in the first half of 2021 when compared to the same period last year. This is a 5%...

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