Tag: ransomware attack

The 2024 Cybersecurity Readiness Index reveals a decline in South African businesses’ preparedness for cyberattacks. According to the released index, just 5% of companies in South Africa have ranked at the "mature" level of readiness which is needed to be resilient against modern cybersecurity risks, down by 19% year-on-year.

In an era of unprecedented uncertainty, the headwinds facing businesses are stronger than ever. Businesses find themselves navigating a complex landscape, where economic shifts and geopolitical challenges loom large on the horizon. In such turbulent times, the key question is not whether change will occur, but rather how effectively leaders can prepare for and adapt to it.

Business leaders get it wrong when they assume that cyber resilience is only about digital tactics and tools. Cyber resilience strategies are destined to fail if they do not take the human element into consideration. To have a robust cyber resilience strategy, organisations must embed cyber resilience into the culture and every aspect of operations.

The concept of a crisis and how to manage it isn’t foreign to anyone running a business. Something untoward happens, it affects the business and then there are a host of effects ranging from revenue loss, reputation management and compliance questions.

We commissioned an independent, vendor-agnostic survey of 3,000 IT/cybersecurity leaders in mid-sized organisations (100-5,000 employees) across 14 countries, including 200 respondents in South Africa.

Ransomware attacks have dominated the headlines over the last two years and will continue to control the cybersecurity agenda going into 2023. While ransomware gangs continue to be successful in extorting money from businesses, those that do pay demands are financing the ransomware industry and further crime.

The Cloud Protection Trends Report 2023, covers four key 'as a Service' scenarios: Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS), and Backup and Disaster Recovery as a Service (BaaS/DRaaS).

Ransomware and malware have become part and parcel of business in today’s world. Organisations need to be adequately prepared, which means that their data protection strategy must go beyond the traditional backup, restore, and disaster recovery.

With citizens, governments, and businesses more dependent than ever on digital connectivity, one of the most pressing sectoral issues for this decade is cybersecurity. While this issue has been in the public consciousness for some time now, there is still a wide perception gap between organisational executives, who feel positively about their cyber resilience, and security leaders who do not.

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.