Building the security baseline

At any given moment, a cybercrime victim is losing around R3.5 million a day, according to Action Fraud in the UK. The Cyber Security Breaches Survey 2019 found that 60% of medium firms and 61% of large firms deny that they have been attacked and yet 25% of those that...

Cybercrime in the South African legal fraternity

Hack attacks, ransom threats and theft of money through fraudulent transactions are all becoming a stark reality for legal professionals and law firms around the world. According to the South African Banking Risk Information Centre (SABRIC), South Africa currently has...

Failure to innovate could spell the end

The overall risk readiness for the Top 10 risks identified in Aon’s 2019 Global Risk Management survey has dropped from 53% in 2017 to 51% in 2019.  Failure to innovate and meet customer needs is one of the top 10risks, at number nine, with participants in the...

What to do if your identity has been stolen

Finding purchases or transactions on your bank statements that you can’t explain? Receiving credit cards or statements for accounts that you never applied for? Denied credit for a purchase, even though your credit record is clear? Chances are that you’ve become one of...

Cryptocurrency kits won’t be insured, Old Mutual Warns

The world of cryptocurrencies or digital currencies is growing rapidly as digitisation continues to disrupt the financial services industry. Mining these cryptocurrencies usually requires expensive computers, servers and other equipment. It is important for people to...

Cyber resilience needs a multi-layered approach to be effective

As organisations increasingly focus on building resilience in the face of a shifting threat landscape, one of the key areas of concentration is the technology environment, including the data stored on the IT systems. Making the cyber environment resilient must be seen...