Malicious employees a major contributor to inside threat cost
The Cost of Insider Threats Report by IBM indicates that the overall damage by negligent or malicious employees totals $11,45-million. Whereas intentional insider criminals cause only 14% of the accidents, their damage adds up to $4,08-million - almost a third of the...
What to watch out for when transacting online
South Africa's online retail industry - though small in comparison to developed international markets - has seen rapid growth over the last 12 months. The Covid-19 pandemic and the subsequent lockdown saw online retail sales soar by approximately 40%. According to...
How 5G could impact automotive IoT and its security
The Internet of Things (IoT) has taken the world by storm, from smart toasters to pet feeders, it seems that each of our everyday appliances is getting upgraded with an embedded computer and an Internet connection. By Nicolò Boatto, security tester at Aon The advent...
Privacy concerns as used electronics are returned to employers
Business owners could be in for a data protection headache as many used electronics that are returned still hold personal information on them. In many cases these devices have information such as credit card details, personal passwords and photos. By Bridgett Vermaak,...
Responsible management is in the hands of the consumer
February is the month of love. While we are spoiling our loved ones with tokens of our love and appreciation, we must remember that this is a time when cyber criminals are spreading their own brand of love by targeting the bank accounts of online shoppers. "The world...
Reduce fraud and risk with advanced analytics
With new banking channels and a younger generation of banked customers continually changing the business landscape for financial services and banks comes the added challenge of new risk profiles. By Clinton Scott, MD of TechSoft International This is not just a data...
Failure to patch and update software causes breaches
ICT professionals, security and governance teams have a duty of care to ensure that the systems people depend on are properly patched and updated, and failure to do so might be seen as a failure of both ethics and internal controls. So says the Institute of...
Cybersecurity threats to the Covid-19 vaccine
We've already seen our fair share of pandemic-driven fraud and cybercrime, but what can we expect as vaccine rollouts pick up pace worldwide? Bu Raymond Pompon, director of F5 Labs Cyber Espionage to Steal Vaccine Data A viable vaccine is valuable intellectual...
Weak protocols could result in VoIP fraud
Telecom fraud, often referred to as phone hacking, is on the rise. According to a global fraud study by the Communications Fraud Control Association, fraud in all its forms cost the telecommunications industry between 3% and 10% of operators' bottom lines. Either way,...
Resilience and continuity guide the CIO strategy in 2021
Following a tumultuous 2020, CIOs are likely to face a tough, albeit slightly more predicable 2021. Fikile Sibiya, CIO of e4 shares her view on the current state of play and what a roadmap for 2021 might entail: "While Covid-19 forced countries and industries into...
Reduce online security risks
Jono Williams, sales manager at EasyBiz Technologies, explains that while there have been increased instances of cyber attacks as global industries embrace the online shift, there are technologies on the market that reduce the risk of personal information breaches....
Disaster recovery, cloud data protection top priorities for businesses post-pandemic
The global Covid-19 pandemic significantly accelerated the adoption of cloud technologies around the world, but particularly in South Africa. By Gerhard Fourie, district channel manager at Commvault South Africa Where many businesses may have been lagging behind when...