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...
Jul 28, 2023 | Cybersecurity and business, South Africa
Ransomware attacks are on the rise in South Africa – and there could be legal consequences for the victims of these attacks if they do not follow the correct procedures. Ransomware is a type of malware that denies users access to their computer systems, whether by...
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...
Jun 16, 2023 | cyber, Cybersecurity and business, South Africa
South Africa is seeing an uptick in the number of cyber crimes reported in the country. According to Sophos’ The State of Ransomware in South Africa 2023 report, most (78%) South African organisations were hit by a ransomware attack last year. The number of ransomware...
Jun 2, 2023 | Cybersecurity and business, South Africa
South Africa remains a hot target for cyber criminals, with 78% of organisations hit by ransomware in the past year, according to a report released by IT security company Sophos. The State of Ransomware in South Africa 2023’ report is based on a survey of 200 IT...
May 26, 2023 | Cybersecurity and business, South Africa
Entities in the private and public sectors should take note of the enforcement action taken by the Information Regulator (IR) against the Department of Justice and Constitutional Development (DoJ) after finding that the department contravened the Protection of...
