Tag: law enforcement

The Companies and Intellectual Property Commission (CIPC) is pleased to announce that it is planning to establish and implement a beneficial ownership (BO) register to be released upon approval of the regulations, pursuant to the commencement of the General Laws Amendment Act, 2022, that was signed into law by the President of the Republic of South Africa on 29 December 2022.

The statistics make for worrying reading. According to our Data Protection Trends Report 2022, 97% of South African companies experienced an outage due to a cyberattack in the past 12 months. Of those, almost nine in 10 (86%) suffered a ransomware attack.

On 21 June, members of an anti-migrant group named Operation Dudula showed up at Park Station in Johannesburg vowing to shut down the station. They believed vendors operating there were not South African and therefore are taking away space from South Africans who cannot make ends meet.

To be released from their local tax obligations in relation to foreign income, emigrating South Africans must be able to prove to the South African Revenue Service (SARS) that they have permanently left the country.

Traditional cyber threat intelligence (CTI) provides information on threat actors targeting IT or OT but often only addresses edge device security during the deployment of highly specialised systems. We CTI take OT security a step further with critical vulnerability intelligence and monitors major edge devices, their vendors and their version numbers to make clients aware of threats to IT, OT and cloud environments.

By proclamation in the Gazette, President Cyril Ramaphosa has fixed 1 December 2021 as the date on which certain sections of the Cybercrimes Act, 19 of 2020 (Cybercrimes Act/the Act) come into operation.  This means that the Act is now enforceable.

Virtualisation in the cloud and the advancement of internet-connected devices have made running industrial systems much more manageable. However, these technologies are also introducing operational environments to new vulnerabilities and risks.

In July 2021, South Africa was ravaged by lootings and violent protests following the incarceration of former President Jacob Zuma. Reports suggest that as many as 117 people have been killed and hundreds of businesses were lost or destroyed as a result of the violence that erupted during demonstrations across the country.

Businesses that are considered as vulnerable to being abused for money laundering and terrorist financing purposes by criminals are listed as accountable institutions in terms of the Financial Intelligence Centre Act, 38 of 2001 (FIC Act). And, as such, these institutions must meet certain regulatory obligations that are designed to help combat financial crime.

During the global COVID-19 pandemic, governments around the world implemented national lockdowns to contain the spread of the virus. As a result, borders were closed to passengers but specified cargo and retail goods for certain essential products and supplies were permitted.