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Welcome to the world of short term insurance
Recovering your data is no longer enough, you need to stop ransomware threats in their tracks
Ransomware attacks have not only become more prevalent in the past few years, but they have also become more malicious and vicious. The original attack of encrypting data is now being followed by double extortion, where data that is stolen is threatened to be released...
Cyber security insurance is crucial for risk mitigation
According to a recent Accenture study South Africa reportedly experiences 577 malware attacks per hour resulting in losses of R2,2-billion per year. Cybercrime is undoubtedly one of the most serious risks that businesses today face. In the past, many businesses,...
JOHN MELVILLE: How location technology is revolutionising insurance risk
Properties in low-risk locations will continue to be insurable on normal terms, while those in higher-risk areas may become increasingly difficult to insure Since insurance first started centuries ago, premiums have been determined on the basis of client risk...
Kaspersky warns of top cyberthreats in South Africa
Kaspersky research has found that from January to April this year, ransomware attacks in South Africa have doubled over the comparative period of 2021. In fact, ransomware has become the most significant cyberthreat of our time. As the name suggests, ransomware locks...
Ransomware remains a top cyber risk for businesses, but new threats emerging
Ransomware remains a top cyber risk for organizations globally while business email compromise incidents are on the rise and will increase further in the ‘deep fake’ era. At the same time, the war in Ukraine and wider geopolitical tensions are a major concern as...