Dec 6, 2024 | 2024, Cyber Crime, South Africa
In June this year, South Africans got yet another taste of how destructive criminal cyberattacks can be. As the month drew to a close, the National Health Laboratory Service (NHLS) fell victim to a ransomware attack. The incident delayed the processing of millions of...
Oct 18, 2024 | 2024, Cyber Insurance, Cybersecurity and business, insurance, South Africa
As cyberattacks continue to surge, increasingly targeting small businesses, the need for robust cybersecurity risk management has never been more critical. This October, marking International Cybersecurity Awareness Month, serves as a timely reminder that businesses...
Oct 11, 2024 | Cyber Insurance, Cybersecurity and business, insurance, South Africa
Cybercriminals are no longer only targeting large corporates. Whether your business is big or small, in a city or small town – no one is exempt from criminals trying to gain access to your money or personal information. This October marks International Cybersecurity...
Sep 6, 2024 | 2024, agriculture, insurance, South Africa
The agriculture sector is integral to both the South African economy as well as our food security. According to the latest Santam Insurance Barometer report, the industry contributes around R400 billion to gross domestic product each year, supports 870 000 jobs, and...
Aug 30, 2024 | 2024, insurance, insurance news, Latest Insurance Articles, South Africa
South Africa’s general insurance industry is set to grow at a compound annual growth rate of 5.8% in the next four years, according to a forecast by GlobalData. The global analytics and data company predicted that the value of gross written premiums in the country...
Aug 23, 2024 | insurance, insurance news, South Africa
Climate change is posing the most significant threat to the sustainability of non-life insurers. This was one of the key takeouts from Soul Abraham, Chief Executive for Retail at Old Mutual Insure, who recently spoke at the African Insurance Exchange Conference. “The...
