Sep 15, 2023 | cyber, Cybersecurity and business
With the global costs of cyber crime expected to soar to $13-trillion within the next five years, cyber insurance is booming as organisations try to mitigate the risk of financial losses. Globally, the cyber insurance market is now worth around $17-billion and is...
Sep 8, 2023 | Articles, cyber, South Africa
The Information Regulator has ordered pharmacy chain Dis-Chem to take remedial action to address a hack that led to the personal data of 3.6 million customers being breached last year, or face a fine of up to R10 million, imprisonment, or both. The Regulator issued an...
Sep 1, 2023 | Articles, cyber
In today’s digital landscape, where businesses rely heavily on technology for their operations, cyberattacks have become an ever-increasing threat. As an IT professional with a keen eye on the cybersecurity landscape, it is evident that the repercussions of cyber...
Aug 11, 2023 | cyber, Cybersecurity and business
When an organisation is held hostage by ransomware, should it pay the fee to keep on operating or is this just emboldening cybercrime? By Martin Potgieter, CIO at Nclose Globally, ransomware attacks are on the rise, affecting businesses and organisations around the...
Aug 4, 2023 | Cybersecurity and business, South Africa
Cybersecurity company IBM Security’s ‘Cost of a Data Breach 2023′ report showed that the average total cost of a data breach for South African organisations increased by 8% over the past three years, reaching R49.45-million this year, which is an...