Robust data backup is a vital line of ransomware defence
Ransomware attacks are more prevalent and dangerous than ever. In response, organisations are upgrading their data protection to stay ahead, writes Sujoy Mukherjee, head of portfolio: private compute at BT. It’s common knowledge that ransomware attacks are on the rise...
Key protection strategies to prevent cyber attacks
In the past year alone, 47% of South African companies indicated that they’d been affected by ransomware, at an average cost of R6,4-million. By Iniel Dreyer, MD of Data Management Professionals South Africa A recent survey showed that 5% of local organisations...
Five things to do immediately to address payments fraud
The social and economic impact of Covid-19 has led to a marked increase in opportunistic crimes of desperation, particularly in digital payments fraud as consumers flock to digital channels to replace or supplement in-person interactions. This rapid shift to digital,...
Welcome to the new world of cyber risk
With more people connecting to digital platforms given the events of the past two years, breaches on social networking sites like LinkedIn, Facebook, and Instagram have become commonplace. By Richard Frost, product head: cyber security at Vox Social engineering and...
Fraudsters have not slowed down after the festive season
As the journey into 2022 begins, consumers are urged to remain vigilant and not let their guard down. Fraudsters are still trying to take advantage of the December shopping season, which is when fraudsters are most active. A new threat was recently flagged on social...
Reasons to not disable cookies on your website
Switch off my cookies! This was the gist of the tense, urgent message left for me by the IT manager of one of our large corporate clients. By Howard Rybko, CEO of Syncrony Digital Somehow, she had become embroiled in a debate with her company's legal department, who...
Think before you scan: QR codes are a potential cyber risk
QR codes are nothing new - they have been around since 2004 - but with the increased availability of smartphones, which can scan these two-dimensional barcodes with their built-in cameras, QR codes have become increasingly popular. By Simeon Tassev, MD and QSA at...
Why are regulated institutions still not getting their fraud and AML due diligence right?
Managing financial crime risk continues to remain a major priority for regulated institutions, with millions of dollars being invested every year into upgrading systems and processes around prevention, detection, investigation and reporting of such crimes. By Clive...
Reduce risk with data erasure
CIOs need to beware of hard disk drives (HDDs) and solid-state drives (SSDs) lying around data centres and storage rooms, they likely contain sensitive data. Not permanently removing that data in a timely manner, could put the company at risk, writes Wale Arewa, CEO...
Ensure your festive season is not a fiery one
With the festive season almost upon us, homeowners are urged to ensure that basic fire-risk mitigation measures are in place if they are going away on holiday, highlights ASP Fire CEO Michael van Niekerk. The situation is also compounded by the current spate of...
Underestimating reliance on licensed technology organisations’ ‘biggest mistake’
One of the biggest mistakes companies make when evaluating risks to their business continuity is to neglect to consider and acknowledge how dependent their annual revenues are on technology platforms over which they have no control. For corporate entities, this is...
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...