Cost of a data breach hits record high during pandemic

Cost of a data breach hits record high during pandemic

Data breaches now cost companies an average of $4,24-million per incident- the highest cost in the 17-year history of the report. Based on in-depth analysis of real-world data breaches experienced by over 500 organisations, a new global study released by IBM Security...

SA universities need to fast-track digital transformation

Universities have had to ramp up their compute power to accommodate the increase in online learning since the onset of the pandemic and the resulting move toward hybrid learning models. This is among the findings from an IDC study, “Post-Pandemic IT...

Sophos uncovers malware targeting Discord

Sophos has published new research on how malware is increasingly targeting the Discord chat platform. The cyberthreats uncovered by Sophos include information stealing malware, spyware, backdoors, and ransomware resurrected as “mischiefware”. The findings...

Mustek expects big earnings increase

Mustek has issued a trading statement, alerting shareholders that its financial results for the year ended 30 June 2021 will be substantially different from last year. “Mustek has a reasonable degree of certainty that, for the year ended 30 June 2021, headline...

Cost optimisation top issue for supply chains

Cost optimisation is the top issue that chief supply chain officers (CSCOs) should focus on in the near future, according to 17% of CEOs and senior business executives polled by Gartner. This is followed by supply chain resilience at 16%. “CEOs are tasking their...

How cybercriminals are targeting the Olympics

After an unprecedented year-long delay, the 2020 Tokyo Summer Olympics recently started. This time, all the events will take place with no spectators, which reduces physical risks – in terms of health and from a cybersecurity point of view (such as data theft...