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Kaspersky warns of top cyberthreats in South Africa

Kaspersky warns of top cyberthreats in South Africa

Nov 4, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

Kaspersky research has found that from January to April this year, ransomware attacks in South Africa have doubled over the comparative period of 2021. In fact, ransomware has become the most significant cyberthreat of our time. As the name suggests, ransomware locks...
Ransomware remains a top cyber risk for businesses, but new threats emerging

Ransomware remains a top cyber risk for businesses, but new threats emerging

Oct 28, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

Ransomware remains a top cyber risk for organizations globally while business email compromise incidents are on the rise and will increase further in the ‘deep fake’ era. At the same time, the war in Ukraine and wider geopolitical tensions are a major concern as...
Why insurance premium increases are unavoidable

Why insurance premium increases are unavoidable

Oct 21, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

Santam’s executive head of commercial and personal intermediated business, Andrew Coutts, has issued a communication to intermediaries setting out the factors that have made premium increases unavoidable. Coutts said households and businesses have experienced immense...
Moving from reactive to proactive in the face of cyber war

Moving from reactive to proactive in the face of cyber war

Oct 14, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

Every CISO and IT security professional knows that cyber risks are exploding, with cybercrime syndicates becoming increasingly aggressive and sophisticated. To their credit, security execs are putting out fires and putting mitigation measures in place as fast as they...
SA ill-equipped for cyberwarfare – with limited money, manpower, and tech expertise

SA ill-equipped for cyberwarfare – with limited money, manpower, and tech expertise

Sep 30, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

South Africa remains vulnerable to cyberwarfare, despite a plan to protect the country against threats to its national security and commercial capability being put into motion almost eight years ago. Cyberattacks have increased at a rapid rate, especially since the...
Ransomware is a business resilience issue, not an IT problem

Ransomware is a business resilience issue, not an IT problem

Sep 23, 2022 | Articles, cyber, insurance, insurance news, Latest Insurance Articles, short term insurance, Short Term Insurance News

Ransomware has increased exponentially over the course of the last few years, and this trajectory is set to continue. Data breaches and other security events pose significant risks to businesses because lost data represents not only lost business, but also compliance...
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