Aug 2, 2024 | 2024, Cybersecurity and business, South Africa
Financial service providers are increasingly being targeted by hackers because they hold sensitive information about their clients. This data is indeed a rich treasure trove of information that can be used to commit fraud should it fall into the wrong hands. This is...
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 12, 2024 | Cybersecurity and business
The Identity Theft Resource Center (ITRC) tracked 3 205 data compromises affecting 353 027 892 individuals in 2023, representing a 72% increase in total compromises from an all-time high in 2021. The hackers are getting in. Which means companies need a strategy to get...
Jun 14, 2024 | Cybersecurity and business
Cybersecurity experts are sounding the alarm as the pace of cyber-attacks speeds up, with threat actors moving swiftly from infiltration to exploitation, seeking rapid financial gains. Ransomware-as-a-Service (RaaS) has made coordinated attacks easier, as specialised...
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...
