Tag: cybercrime

South Africa has the sixth highest rate of cybercrime victims worldwide, according to a report by international cybersecurity company Surfshark. Following the breach of President Cyril Ramaphosa’s personal data by hackers, consumers have been cautioned to remain vigilant when visiting websites and making online transactions.

What’s the next black swan likely to be? A black swan is a potentially dire unexpected event – the pandemic being a perfect example. An Eskom grid failure could be next. Or another devastating drought? A massive cyber-attack? 

Traditional payment fraud has been rife for some time, where the cybercriminal impersonates the CEO, or other senior member of staff, to convince the finance department to make an urgent payment to either a new supplier or update their bank details.

Despite current recessionary conditions and upended risk models, the global insurance industry will grow by $1.4 trillion between 2020 and 2025, according to our recent report. To capture a share of this growth and defend their place in the insurance value chain, insurers must reflect on where the industry is heading.

By the end of September last year, the number of data breaches had already exceeded the total number of similar events in 2020 by 17%. As more businesses migrate to the cloud, there is growing concern that not enough is being done to mitigate against the threat of these and other data privacy risks.

As we start a new year, it's become a tradition to mull over the worst passwords of the previous 365 days. A quick search of news articles on the topic reveals the usual culprits: 123456, 654321, qwerty and such still reign supreme as the most-used passwords.

South Africans have become accustomed to dealing with crime because we have no other choice. Various sources place South Africa near the pinnacle of lists of the highest crime rates in the world. If you are a South African, or someone living in South Africa, you most likely take a number of precautions at home, work and play to avoid falling victim to crime.

Businesses and consumers alike have had to weather several shocks over the past two years. In this article, I advise how businesses can make 2022 a year for rebuilding and taking advantage of new opportunities. During 2020, 42% of small businesses closed during lockdown, according to financier FinFind.

The world of digital marketing is in a state of upheaval. With everyone from government policymakers to independent web browsers changing and updating privacy policies, businesses are faced with a digital advertising minefield.

As the level of cyber threats rises every year, driving awareness around protection on Global Computer Security Day and beyond is crucial. The last 12 months saw the highest level of cyber incidents ever: a 40% surge in attacks worldwide, with the frequency in South Africa far above the global average.