cyber security companies Archives

15Nov

By Africa BusinessNo Comments

Tech

The Hunter, not the Hunted: Redefining Security in the Age of Cyber-Threats

Bertus Engelbrecht, Senior Manager: Information Security at BCX, talks about the cybersecurity threat landscape in 2023 and how the rise of artificial intelligence, automation and intelligent threat actors is putting intense pressure on the organisation. Cybercrime remains one of the most persistent challenges facing the modern business. In September 2023 there have been seventy-one incidents and 3,808,687,191 compromised records. Globally, the total number of breached records for 2023 is currently sitting at more than 4.5 billion. According to Orange Cyberdefense Security Navigator 2023, the types of attacks are predominantly malware, social engineering, policy violations, system anomalies, and network and application anomalies. Ransomware remains one of the most common threats. Accordi...

Governing cybersecurity from the top as a strategic business enabler

30Jan

By Africa BusinessNo Comments

Tech

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 seriously enough while boards are not nearly as engaged in cybersecurity as they are in other areas of oversight, says Patrick Evans, CEO of SLVA CyberSecurity. Cybersecurity breaches pose a major business risk and can no longer be viewed as a technology concern. Business leaders agree on this point according to Gartner’s 2022 Board of Directors Survey which found 88% of respondents viewed cybersecurity as a business risk. However, only 13% of boards have responded by instituting cybersecurity-specific board committees overseen by a dedicated director. In some instances, it may be the case that directors are not always completely awar...

1Nov

By Africa BusinessNo Comments

South Africa News, Tech

Only 20% of companies reported not getting attacked in 2021 compared to 32% in 2020

Acronis, the global leader in cyber protection, has released its annual Cyber Readiness Report, providing a comprehensive overview of the modern cybersecurity landscape and the key pain points faced by businesses and remote employees worldwide amid the global pandemic. Acronis’ research from last year revealed more than 80% of global companies admitted they were not prepared to transition to remote work – exposing key vulnerabilities businesses must quickly plan and implement solutions for. Based on findings from this year’s independent survey of 3,600 IT managers and remote employees at small and medium-sized companies in 18 countries across the globe, including the South Africa. The report states that 53% of global companies have a false sense of security when it comes to supply chain ...

Beating Cybercriminals at Their Own Game with AI Technology

25Jul

By Derek MankyNo Comments

Tech

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 holds great potential for exploitation by cybercriminals. Considering this, the only way that security leaders can stay ahead of bad actors is by gaining a true understanding of how this technology can be weaponized. Then, they can begin to develop effective strategies for confronting AI threats head-on. Malicious Uses of AI Technology As AI grows in adoption and sophistication, cybercriminals are looking for ways to seize upon its potential. The Electronic Frontier Foundation was already warning about potential malicious uses of AI back in 2018, including threats to digital, physical, and political securit...

ThreatQuotient-sponsored 2021 SANS Cyber Threat Intelligence survey reveals impact of COVID

9Mar

By Africa BusinessNo Comments

Tech

ThreatQuotient-sponsored 2021 SANS Cyber Threat Intelligence survey reveals impact of COVID

Respondents to the survey indicate their usage of CTI changed significantly during 2020, influenced by sharp rise in COVID-related phishing and ransomware attacks. ThreatQuotient™, a leading security operations platform innovator, announced the results of the 2021 SANS Cyber Threat Intelligence survey. The spike in cyber breaches in the past year, compounded by COVID-related attacks, has only increased the importance of Cyber Threat Intelligence (CTI) in the past year. The survey, sponsored by ThreatQuotient, explores the state of play in the global use of CTI and outlines why the difficulties of the past year have contributed to the continued growth and maturity of CTI. "CTI is a key tool that can help regional businesses understand the intent of threat actors as they plan and conduct ma...