Dec 3, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Impacts vary, but in many cases, ransomware disrupts businesses for significant periods or even forces them to suspend operations or close. By Clive Brindley, security lead at Accenture in Africa A growing population of highly capable cyber extortionists is developing...
Nov 26, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
Data from vehicle tracking and recovery firm Netstar shows an uptick in remote jamming of vehicle immobilisers in the run-up to Black Friday and peak shopping periods. The device used to jam the remote signals is often a customised version of a 400MHz gate or garage...
Nov 20, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
In the last six months, an organisation in South Africa was attacked on average 1737 times per week. This is more than double the global average (819) of attacks per organisation per week, according to Check Point Threat Intelligence Report. So, what can we expect...
Nov 12, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
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...
Nov 5, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
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...
Oct 29, 2021 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
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...
