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Ransomware is a business resilience issue, not an IT problem

Ransomware is a business resilience issue, not an IT problem

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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Top cybersecurity predictions for the years ahead

Top cybersecurity predictions for the years ahead

Executive performance evaluations will be increasingly linked to ability to manage cyber risk; almost one-third of nations will regulate ransomware response within the next three years; and security platform consolidation will help organisations thrive in hostile...

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The role of human error in cybersecurity breach

The role of human error in cybersecurity breach

According to a study by IBM, 95% of cyber security breaches result from human error. Even though humans make mistakes, this mistake is so overwhelming in cybersecurity that 19 out of 20 cyber breaches result from human error. Another report indicated that human error...

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Climate Change, Insurance Change

Climate Change, Insurance Change

hange is the constant companion of the global insurance market. While geared for risk-mitigation, the omnipresent threat of the unanticipated catastrophe due to climate change demands a shift in the insurance outlook to account for its place in a world with a new set...

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Cybercriminals eye South African SMEs lack of security

Cybercriminals eye South African SMEs lack of security

Steve Flynn, sales and marketing director of ESET South Africa, says South African small businesses are particularly vulnerable to cyberattacks. Why? Business owners aren’t taking the necessary precautions to protect their digital assets, often with dire financial...

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Grudge purchase or not – cyber security is non-negotiable

Grudge purchase or not – cyber security is non-negotiable

Research into the global cyber security threat landscape shows a marked increase in threats to business services, an evolution in ransomware attacks and confirmation that emails are being used to send malicious documents and executables like infostealers and Trojans....

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How the Russia-Ukraine War Could Affect Cybercrime

How the Russia-Ukraine War Could Affect Cybercrime

Russia’s war on Ukraine and its increasingly isolated internet environment could drive Russian cybercriminals to think outside the box and launch new forms of cyber attacks. This is according to Nclose’s Co-Founder & Technical Director, Martin Potgieter, who says...

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The Cyber Insurance Market Needs More Money

The Cyber Insurance Market Needs More Money

Cyber insurance is harder for companies to find than it was a year ago — and it’s likely going to get harder. While cyber insurance is becoming more of a must-have for businesses, the explosion of ransomware and cyberattacks mean it’s also becoming a less enticing...

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Ransomware gangs take on a new face in 2022

Ransomware gangs take on a new face in 2022

Ransomware operations have come a long way – from somewhat clandestine and amateur beginnings to fully-fledged businesses with distinctive brands and styles that rival each other on the dark web. Overall, they continue to develop and succeed despite big shutdowns of...

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Ransomware hits more than half of SA companies

Ransomware hits more than half of SA companies

Sophos’s new State of Ransomware 2022 report shows that 51% of South African organisations surveyed were hit with ransomware in 2021. Forty-nine percent of the organisations that had data encrypted paid the ransom to get their data back, even if they had other means...

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These are the top ransomware attacks to be wary of this year

These are the top ransomware attacks to be wary of this year

In 2022, ransomware will continue to harm businesses all over the world, with cybercriminals’ attack types and strategies evolving all the time. The increase in ransomware attacks on businesses means that businesses must be hypervigilant about cybercrimes and be aware...

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The murky waters of cyber warfare and insurance coverage

The murky waters of cyber warfare and insurance coverage

South Africa has seen a dramatic rise in cyberattacks and successful breaches during the past two years as well as an accompanying surge in ransom demands. In the most recent high-profile attack, credit reporting agency TransUnion South Africa revealed that at least...

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TransUnion faces R10-million fine for hack

TransUnion faces R10-million fine for hack

Credit bureau TransUnion could be slapped with a R10-million fine after it suffered a data breach that compromised the personal information of millions of South Africans, the Information Regulator of South Africa has said. The company confirmed on Thursday that a...

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How underfunding of cybersecurity may affect the country

How underfunding of cybersecurity may affect the country

Underfunding of critical cyber defences is leaving South African organisations exposed to damaging cyberattacks. New research has found that 97 percent of South African organisations say they have been negatively impacted by a lack of budget for their cyber resilience...

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