Jul 26, 2024 | 2024, Cybersecurity and business, South Africa
South Africa is not being spared the scourge of cyberattacks on operational technology (OT) networks. As recently as 22 June, the National Health Laboratory Service was hit by a ransomware attack that blocked communications between its information systems, resulting...
Jul 19, 2024 | 2024, AI, insurance, insurance news, Latest Insurance Articles
Partnering is vital for insurers to ensure they are able to effectively combat fraud. This is one of the messages to come out of the Insurance Crime Bureau (ICB) conference, held under the theme of “Breaking Barriers & Building Bridges for the Future”. It saw more...
Jun 7, 2024 | 2024, Cybersecurity and business, South Africa
Unknowingly, people often leave their digital fingerprints all over the internet, through surfing and downloading free software, which leaves them open to being attacked by cyber criminals. South Africa, said Craig Pedersen, director at TCG Forensics, is on the verge...
May 31, 2024 | 2024, Cybersecurity and business, South Africa
South African firms are paying an average of R18 million to ransomware attackers and, following that action, it can take between one and six months for the business to recover fully from the attack. Further , South Africa is ranked fifth in the world when it comes to...
May 3, 2024 | 2024, AI, insurance, insurance news, Latest Insurance Articles
Artificial intelligence (AI) has been instrumental in shaping the insurance industry for the past few years and insurance providers have integrated AI models with established methodologies from the actuarial sciences to enhance risk analysis and streamline claim...
Mar 8, 2024 | 2024, cyber, Cybersecurity and business, South Africa
Durban — Sensitive data of at least three-million entities and individuals who were registered with the Companies and Intellectual Property Commission (CIPC) could have fallen into the wrong hands when the organisation’s database was hacked this week. Addresses,...
