The accessibility of generative AI tools has lowered the barriers for would-be criminals, while the transition to hybrid work models and geographically dispersed teams has expanded the attack surfaces they can exploit. In this context, the overlap of AI technology and the interests of financial leaders becomes increasingly significant, says Ryan Mer, CEO of eftsure Africa, a Know Your Payee (KYP) platform provider.
Tag: cyber attacks
Convergence of cyber and physical security presents new challenges: New approaches needed to tackle cyber and physical security holistically
By Richard Frost, Head of Product: Cybersecurity at Armata With South Africa being the sixth most targeted country worldwide regarding cyber attacks, it’s no surprise […]
How South African businesses can start the financial year digitally secure
With phishing, ransomware and other cyberattacks on the rise in South Africa, appropriately budgeting for cybersecurity is a must, as the benefits of having strong […]
Governing cybersecurity from the top as a strategic business enabler
Cyber threats are increasing at a rate far greater than the industry is able to cope with. Despite this, C-Suite executives still don’t take cybersecurity […]
TransUnion South Africa battling to retrieve personal records after hack
On 17 March, ITWeb reported that credit bureau, TransUnion South Africa, is currently in an ongoing battle with a hacker group that is demanding a […]
Transnet is a harsh reminder that anyone is a victim in the current environment
The recent cyber-attack on Transnet is a serious wakeup call and a reminder that, in the technology age, no company is safe from cyber criminals […]
Beating Cybercriminals at Their Own Game with AI Technology
By Derek Manky, Chief of Security Insights and Global Threat Alliances at FortiGuard Labs. Artificial intelligence (AI) technology is a powerful technology, and because of this, it […]
Cisco Study Reveals Top Cybersecurity Considerations for SMEs in 2021
Three Factors Highlighted as Crucial to Achieving Desired Security Outcomes: Enabling Business, Managing Risk and Operating Efficiently Cisco has published its 2021 SMB Security Outcomes […]
ThreatQuotient Sponsors ASRG to Enable Cyber Threat Intelligence Sharing Across the Automotive Industry
ThreatQ platform will support turning threat data into threat intelligence to be shared and applied to security solutions for automotive products ThreatQuotient™, a leading security […]
Staying ahead of cybercrime is a business imperative
It is predicted that there will be 7,5 billion Internet users by 2030 and that more than 111 billion lines of new software code is produced […]