Sunday, November 24African Digital Business Magazine

Tag: cyber security

Tech

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 Study, a derivative of Cisco’s flagship cybersecurity report, 2021 Security Outcomes Study, highlighting what SMB leaders are doing to thrive in today's ever-evolving threat landscape, as well as offering actionable insights on where they should focus their digitization, security planning and cyber defense efforts in the year ahead. The double-blind study is based on a survey of over 850 regional IT and security professionals from small (50 to 249 employees) and midsize (250 to 499 employees) organizations in 25 countries from the Europe, Middle East, Africa and Russia (EMEAR).  The report examines how sec...
Ghana News, South Africa News, Tech

Implementation of cybersecurity and data protection law urgent across Africa

South Africa recently enacted cybersecurity law Darryl Bernstein, Partner and Head of Dispute Resolution, and Janet MacKenzie, Partner and Head of Technology, Media and Telecommunications,  Baker McKenzie Johannesburg The pandemic has driven home the high value of personal data to the global economy, while also highlighting its vulnerability to abuse and attack. In response, governments around the world have been reviewing their data privacy and protection laws and regulations, including in South Africa. Global cybersecurity firm Kaspersky recently noted that cyberattacks are set to rise in African countries, especially in the key financial centres of South Africa, Kenya and Nigeria. The cybersecurity firm noted that rapidly evolving digital techniques had led to an increased risk of Advan...
Events, South Africa News, Tech

A challenging, risk driven environment awaits us

As many parts of the world deal with the Third Wave of Covid-19 infections, there are growing concerns that South Africa may face harsher lockdown measures in the future as the country ramps up its vaccine roll out program. This will have a telling impact on society and will only accelerate the reliance on ecommerce business models as the public prioritizes their health and safety.  Unfortunately, this also means that there will be a challenging, risk driven environment ahead of us when it comes to fraud. This was highlighted at the Southern African Fraud Prevention Service (SAFPS) & Insurance Crime Bureau International Fraud Summit which was held virtually on 19 May 2021. Increased Risk “We are really reaching a critical point when it comes to the economy and the extreme measures that...
Business, Fintech

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 each year. While the growth is exciting, these statistics also outline the number of vulnerabilities open to exploitation. Together with an estimated  96 zettabytes of digital content currently produced, this sheer volume will lead to increased cyber-attacks and security events, all of which will be virtually impossible for humans to contain. Ryan Mer, Managing Director, eftsure Africa, a Know Your Payee™ (KYP) platform provider, says that cyber security is almost always a people problem first: “While the amount of business transactions taking place online is constantly growing and working from home is now commonplace, business controls have not kep...
ThreatQuotient-sponsored 2021 SANS Cyber Threat Intelligence survey reveals impact of COVID
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...
Tech

Sophos Publishes 3-Part Series on the Realities of Conti Ransomware

Research Details the Day-by-Day Unfolding of a Human-Operated Conti Attack Using Fileless Ransomware, Background on the Ransomware’s Behaviors, and Defender Advice   In a new three-part series of articles, Sophos researchers and incident responders unveil what really happens when attackers break into an organization’s network with the intention of stealing data and launching a Conti ransomware attack. Conti is a human-operated “double extortion” ransomware. The attackers steal data from their targets before encrypting it, and then threaten to expose the stolen information on the “Conti News” site if the organization doesn’t pay the ransom. Sophos’ 24/7 incident response team, Sophos Rapid Response, was called in to contain, neutralize and investigate the incident, which unfolded over five ...
AURA builds world’s first WhatsApp security chatbot in partnership with Tracker
South Africa News, Tech

AURA builds world’s first WhatsApp security chatbot in partnership with Tracker

AURA, South Africa’s leading security and medical response platform has launched the world’s first WhatsApp security chatbot in partnership with Tracker, one of the country's most trusted names in stolen vehicle recovery. Powered by AURA, Tracker’s unique Tracker CareGuard service offers rapid mobile emergency response anywhere, anytime within South Africa. The new cutting-edge solution enables subscribers to request immediate mobile armed response assistance wherever they are by sharing a location pin in WhatsApp. Warren Myers, Founder and CEO of AURA says the new WhatsApp service illustrates the power of technology in preventing and combating crime and the role it plays in enabling South African businesses to offer innovative security products and services to customers. “The Tracker Car...