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31.5 million threats target SA users
The number of cyber threats recorded by the Kaspersky Security Network in the first half of 2021 that targeted SA users reached 31.5 million. Kenya was in a similar position with 32.8 million cyber threats recorded, while Nigeria trailed behind with 1.67 million. All...
Costs of data breaches in SA up by 50%
The latest IBM Security Cost of a Data Breach Report indicates that the global average cost of a data breach has risen to $4.24 million in 2021, a 10% increase overall and the largest percentage increase in the 17-year history of the report. This is according to...
Is cyber insurance a worthwhile investment?
The cyber insurance market is rapidly maturing and there are many reasons for this. Companies are increasingly leveraging technology to expand or streamline their businesses, remote work is seeing wide-scale adoption, cybercrime is inflicting trillions of dollars in...
Bracing for cyber cover in today’s data era
In today’s always-on, always-connected economy, businesses are under pressure to enhance their cybersecurity strategy and prove to their customers that data protection is critical to their engagement strategy. By Michel Nader, senior regional director: data protection...
Companies need to strengthen cyber controls to counter ransomware pandemic
During the Covid-19 crisis, another outbreak has happened in cyberspace: a digital pandemic driven by ransomware. Malware attacks that encrypt company data and systems and demand a ransom payment for release are surging globally. The increasing frequency and severity...