To build trust, payment providers need to ensure they are compliant and follow standards
By Thabiso Serake: Information Security Officer at Pay@
October is Cyber Security Awareness month and is observed globally to help individuals protect themselves online as threats to technology and confidential data become more common. Former South African finance minister Tito Mboweni recently made headlines when his bank account was hacked, and a large sum of money was stolen1 from him. Earlier this year, pharmacy retail giant Dis-Chem fell victim to a cyber-attack, resulting in data of over 3.6 million South Africans being compromised2.
This goes to show that South Africans need to be more vigilant when protecting their data on the internet and organisations must take into consideration all types of security measures to keep everyone protected.
Cyber-attacks on organisations such as ...