Tag: Phishing

Multi-vector attacks, phishing, BEC, insider threats, and brand impersonation require a pervasive security strategy. It involves a combination of proactive defence to stop threats even before they’re deployed, blocking threats from email and the web, and remediating internal incidents to return to business as usual as quickly as possible.

With data breaches hitting headlines daily, security professionals are constantly concerned about the next big threat. Whether it’s ransomware, phishing or endpoint attacks, there’s always something on the horizon waiting for its turn in the spotlight.

Participants in 2019 Global Risk Management Survey ranked cyberattacks and data breaches as #6 in the top 10 risks currently facing organisations. The risk entered the Top 10 list for the first time (at #9) in 2015 and is projected to go from #6 to #3 in the next three years. As a result it is seen as no longer an if, but when a business will experience a cyber attack.

We urge you to be your money’s best protection by following these guidelines:

SABRIC, on behalf of the banking industry has released its annual crime stats for 2018. We are concerned about some of the increases, which clearly reflect that criminals will take every opportunity to get their hands on bank customers’ money.

Cyber-attacks are increasingly becoming more and more sophisticated, and the magnitude of their impact across all industries globally is at an all-time high. A number of reports in the last two years revealed that the BRICS economies (Brazil, Russia, India, China and South Africa) were found to be amongst the largest victims of cybercrime. According to VM Advisory*, South Africa is listed as one of the ten globally most vulnerable countries to cyberattacks.

The South African Banking Risk Information Centre (SABRIC), on behalf of the banking industry, would like to make the public aware of how they can protect their money this festive season.

The South African Banking Risk Information Centre (SABRIC ) would like to remind bank clients to always be on the lookout for Phishing, Vishing and SMishing scams. Phishing, Vishing and SMishing are all methods of deceitfully obtaining personal information such as passwords, ID numbers and bank card details by tricking clients into believing that they are from trusted sources, such as banks or legitimate companies.