Cyber insurance is a fallback, not a solution for a ransomware attack

Cybercrime is a growing threat to businesses globally, and South Africa is no exception. The country ranks third in the world for the highest number of users experiencing targeted ransomware attacks. By Amritesh Anaand, practice lead for unified communication at In2IT...

Growing market for personal insurance cover against online threats

Cybercrime numbers are on the up, and South Africans are not immune from this growing threat. Some of the statistics are frightening. Banking app losses increased by more than 88% last year to an average loss of R14 253 per transaction. Online banking losses increased...

Make this a season of festive cheer and not festive fraud

The festive season is a time when most South Africans, like the rest of the world, will be looking to spoil their loved ones by purchasing them gifts. Over the past few years, South Africans have been lucky enough to be able to take advantage of the discounts that are...

US fund backs Africa’s fight against mobile cybercrime

Cybersecurity firm Evina, present in 70 countries that include 15 in Africa, has secured a €20-million Series A funding round to consolidate its fight against mobile fraud that has already prevented the theft of a billion euros from telecom operators and their...

Partnering to make SA more cyber secure

Cybersecurity professionals from the public and private sectors as well as academia have joined forces to establish the Cybersecurity Digital Alliance. This is an industry body dedicated to creating a safer digital environment through policy advisory and support,...

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