Mar 14, 2025 | cyber, Cyber Crime, Cyber Insurance, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News, South Africa
South Africa-based real estate company Pam Golding is scrambling to contain a cyber attack it recently suffered. Yesterday, the company announced it had experienced a “cyber incident” that resulted in unauthorised access to some of the personal information stored on...
Mar 7, 2025 | cyber, Cyber Crime, Cybersecurity and business, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
One hot risk factor isn’t getting the attention it deserves One of cyber’s biggest risks may be being overlooked: third-party risk was a key factor in cyber insurance claims and financial losses in 2024, according to new data from cyber risk solutions company...
Mar 15, 2024 | insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
In an era where data is crucial, the insurance sector is undergoing a transformative shift towards data-driven decision-making and personalized services. The ability to analyse vast amounts of information has become an essential factor in risk assessment, insurance...
Jul 21, 2023 | Short Term Insurance News, South Africa
Santam, South Africa’s largest insurer, announced that it has joined the South African Fraud Prevention Service (SAFPS), a non-profit organisation (NPO), to help reduce rising insurance crime in the country. In 2021, the Association for Savings and Investments South...
Jan 20, 2023 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
A report published by cybersecurity company Surfshark has highlighted South Africa ranking 6th in the world regarding cybercrime density – which costs the country an estimated R2.2 billion annually. According to the director of Cyber Security at the University of...
Jan 6, 2023 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News
While ransomware gangs continue to be successful in extorting money from businesses, those that do pay demands are financing the ransomware industry and further crime. With increasing attacks on areas like critical infrastructure and healthcare, it’s now become more...
