Tag: data breach

As technology continues to advance rapidly, governments worldwide are grappling with the need to regulate various aspects of the digital realm. South Africa, a leading economy on the African continent, has not been immune to this global trend.

The fact that ransomware and cyberattacks have become increasingly prevalent is common knowledge, and this has raised greater awareness of the need for effective data protection. However, ransomware and other data breaches are not the only concern for businesses. Protecting data is essential, but managing it is equally important.

Data is immensely valuable to all organisations, a significant resource for the digital economy and the ‘cornerstone of our EU industrial competitiveness,’ says the European Commission. But its value is determined by how it can be protected and used by those who own it.

Don’t let your business be punished for, and by cyber fraud. As the business landscape rapidly evolves, a general awareness of security vulnerabilities is no longer enough. Cyber fraud, data and payment breach risks need to be managed urgently and strategically with the right tools. 

There’s no doubt that the rise of our digital landscape has resulted in some incredible tools for businesses. These have opened global marketplaces to even small enterprises and made actionable data analysis more accessible. Artificial Intelligence (AI) and machine learning software continue to improve data integrity and efficiency.

Safeguarding your data is a business imperative. Regardless of size or industry, confidentiality is vital for maintaining the trust and positive public standing your organisation has earned. But, in an increasingly regulated and privacy-conscious world, the concerns around a misstep are not limited to your business’ reputation alone – between fines from data protection bodies and potential settlement fees, the fiscal impact of a data leak can be enormous

As organisations across the globe contend with an increasing number of cyberattacks, schools and higher learning institutions are looking for innovative and cost-effective ways to protect their students, staff, and data from breaches and ransomware.

The effects of the global pandemic have permeated every facet of our professional and personal lives. How we approach work and how organisations view business fundamentals have irrevocably changed. The pandemic has catalysed digital business initiatives with the focus shifting to adapting to the demands of employees, customers, and other stakeholders.

Employees are expected to remember and adhere to numerous policies, including privacy policies. Poster campaigns are rolled out to reinforce positive behaviour and still when we consider data breaches it is often unbelievable how the mistake that resulted in the breach could have possibly occurred.

Don’t ditch the digital or the innovation, just refine how security fits into the equation. The total number of internet users is expected to reach 5.3 billion by 2023 and the total number of devices and connections per person is anticipated to reach 3.6 globally by the same year, according to Statista.