Africa faces urgent cybersecurity challenges

Check Point’s Global Threat Index for August 2024 reveals that ransomware remains a dominant force, with RansomHub sustaining its position as the top ransomware group. This Ransomware-as-a-Service (RaaS) operation has rapidly expanded since its rebranding from Knight...

Backdoor targets WeChat, DingTalk on macOS

Kaspersky researchers have identified a macOS variant of the HZ Rat backdoor targeting users of WeChat and DingTalk, two popular Chinese messaging platforms. The malware, first detected on Windows systems, now threatens macOS, potentially enabling lateral network...

Network security market shows signs of life

The network security market showed signs of recovery in the second quarter of 2024 – growing 6% YoY to reach $5,9-billion – and breaking a streak of six consecutive quarters of deceleration, according to Dell’Oro Group. This growth was primarily driven by...
Breached organisations spend more on cyber resilience

Breached organisations spend more on cyber resilience

Organisations that have endured cyber incidents in the past don’t want to get burned again, according to Commvault’s 2024 Cyber Recovery Readiness Report and, consequently, they often reassess and invest in cyber resilience and recovery strategies in very meaningful...

Improved confidence drives uptick in electronic transactions

The BankservAfrica Economic Transactions Index (BETI), measuring the value of all electronic transactions cleared through BankservAfrica at seasonally adjusted real prices, showed a marginal uptick in August 2024. Increasing confidence levels, along with expected...

Investments in data protection are growing

Senior IT professionals in small-to-large-sized businesses are investing a substantial amount of their IT budgets into data protection and recovery, according to the latest Arcserve State of Data Resilience in the Enterprise survey. “The high standard deviation (21%)...