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,...
Internal fraud: who commits it and why?
International Fraud Awareness Week, from 14-20 November, highlights an increasing problem that organisations around the world are facing. According to the Association of Certified Fraud Examiners (ACFE), businesses lose around 5% of their annual revenue globally due...
Mitigate the risk of payments fraud
Global losses from payment fraud have tripled from $9,84-billion in 2011 to $32,39-billion in 2020, according to Deutsche Bank's 2021 report on the future of payments. And financial professionals are saying Covid-19 hasn't helped matters, with 65% believing that the...
Multi-tiered approach critical in mitigating the risk of ransomware
Ransomware is currently a hot topic, and has become an everyday threat that affects the lives of everyone, not just corporations. By Kate Mollett, regional director of Commvault Africa Case in point is the recent attack on the Department of Justice, which has been an...
Cybercrime in the midst of a pandemic
Covid-19 has changed the cybercrime landscape. With more people working remotely, employees are inadvertently creating opportunities for hackers to forge tunnels into company networks through often unsecured connectivity. By Simon Colman, business head of digital and...
Critical steps help prevent and detect ransomware threats
Aon's Cyber Security Risk Report found that ransomware is a crisis that will only get worse as threat actors continue to grow in sophistication and expertise. Ransomware attackers often operate with the discipline and approach of a legitimate traditional business,...
Bracing for cyber cover in today’s data era
In today's always-on, always-connected economy, businesses are under pressure to enhance their cybersecurity strategy and prove to their customers that data protection is critical to their engagement strategy. By Michel Nader, senior regional director: data protection...
Social engineering exploits business vulnerabilities
With the growing number of online transactions taking place each day comes a marked rise in cyber-attacks and security events. According to Ryan Mer, MD of eftsure Africa, fraudsters are constantly finding new ways to exploit vulnerabilities and attack corporate...
Ensure sensitive data is totally destroyed before discarding IT assets
End-of-life IT assets present critical challenges to all businesses that handle sensitive data. Factory resets and hard drive formatting leave valuable data behind, so any method that fails to verify complete data destruction risks leaving data accessible. By...
Be mindful with it comes to security
October is Cybersecurity Awareness Month, this comes at a time when cybersecurity awareness should be on everyone's mind. The risk of attack has soared, according to Atlas VPN - 45% of organisations globally were impacted by recurring cyberattacks, malware up by 358%,...
Cellphone snatching on the rise
Opportunistic crime is on the rise and so is the trend of cellphone snatching. Brazen criminals are willing to risk life and limb to snatch a R20 000 smart phone and make off with it - phones left on tables right next to you in restaurants, in vehicles hooked up to...
Why investors should care about cybersecurity
Investors need to consider cyber preparedness in their investment decisions, writes Kondi Nkosi, country head of Schroders South Africa. Today, 100% of companies rely on the internet to operate, compared to the one-in-four 10 years ago, according to a study from...