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SA’s financial sector suffers highest losses from data breaches

SA’s financial sector suffers highest losses from data breaches

Nov 24, 2023 | Cybersecurity and business, South Africa

IBM Security has released its annual Cost of a Data Breach Report, showing the average data breach cost for South African organizations reached R49,45-million in 2023 – an all-time high for the report. This represents an 8% increase over the last three years and a 73%...
Top Five 2024 Cybersecurity Predictions by KnowBe4 Cybersecurity Experts

Top Five 2024 Cybersecurity Predictions by KnowBe4 Cybersecurity Experts

Nov 17, 2023 | 2024, AI, cyber

Predicted trends for 2024 include AI-related cybercrime and defense methods, ransomware attacks will disrupt supply chain services, disinformation campaigns to lead to extortion schemes and more. TAMPA BAY, Fla. – KnowBe4, the provider of the world’s largest...
Ransomware: What is an organisation’s obligation to prevent fraud?

Ransomware: What is an organisation’s obligation to prevent fraud?

Nov 10, 2023 | Cybersecurity and business

Cybersecurity has taken centre stage in South African commerce, and it’s no surprise, given the prevalence of ransomware attacks on businesses in Africa. The obligation to secure your data. The Protection of Personal Information Act (PoPIA) imposes specific...
The escalating cost and complexity of cyber insurance

The escalating cost and complexity of cyber insurance

Nov 3, 2023 | Cyber Insurance, Cybersecurity and business

You know what they say, death and taxes are unavoidable. But there’s another thing you can add to that list: the growing number of cyber incidents that can have a significant impact on businesses’ financial well-being. It’s not only the rise in attacks that...

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