Data security Archives - AfricaBusiness.com

20Aug

By Africa BusinessNo Comments

South Africa News, Tech

Data breaches and their fallout for South African enterprises and consumers

Data breaches are a chronic and growing menace for South African enterprises and consumers. Interconnected systems mean data breaches have become widespread threats, affecting millions. As businesses transition to digital platforms to improve efficiency and customer experience, Carey van Vlaanderen, CEO of ESET Southern Africa, says they inadvertently create more entry points for cybercriminals. Information Regulator chairperson advocate Pansy Tlakula says the organisation receives more than 150 data breach notifications a month. That’s compared to 2023 when Tlakula revealed that the country suffered about 56 data breaches a month. This surge is partly blamed on the over-processing of personal information and a general complacency towards cybersecurity among South Africans. Notable brea...

11Apr

By Africa BusinessNo Comments

Business, Tech

Lawyers across Africa comment on the continent’s urgent need for data privacy and security law

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, including those in Africa, have been reviewing their data privacy and protection laws and regulations to ensure they are adequately protected. Lawyers in Ghana, Kenya, Madagascar, Morocco, Rwanda, South Africa, Togo, Uganda and Zimbabwe recently commented on this issue in Baker McKenzie’s new Africa Data Security and Privacy Guide. According to Enid Baaba Dadzie, Senior Associate at Kimathi & Partners in Ghana, the African Union has adopted the African Union Convention on Cybersecurity and Personal Data Protection (also known as the Malabo Convention). This Convention encourages AU member states to...

27Sep

By Africa BusinessNo Comments

South Africa News, Tech

Another data breach rocks South Africa as details of 1.4 million South Africans gets leaked

We are currently living in a world that is being driven by technology. It is very rare to find any aspect of our daily lives that is not impacted by technology. Since Government imposed the National Lockdown – which aims to mitigate the worst effects of the Covid-19 Pandemic – there has been a significant move towards social distancing and essential services within the financial services industry have moved online. “Criminals have also moved online,” reports Manie van Schalkwyk, CEO of the Southern African Fraud Prevention Service (SAFPS), “it is estimated that there are 17 billion cyber attacks that take place around the world every day. Another South African company reports a data breach Over the past two years, South African companies have been reporting that they have been victims ...

9Jul

By Africa BusinessNo Comments

South Africa News, Startups

Omnisient raises US$ 1.4m for global expansion

Secure data collaboration platform achieves second round of funding Omnisient, a secure data collaboration platform, has achieved its second raise this year totalling USD1.4 million. ”We have brought in visionary international investors – Technova, Grand Bay Ventures, Tahseen Consulting, and Kepple Africa Ventures – who will be key to supporting our expansion globally. Investec, Nedbank, and Compass – Omnisient’s three original investors – led the round, reflecting their confidence in our ability to innovate and grow. The data economy is at the heart of the digital transformation that many of our customers embraced a couple of years back and this has been accelerated by the global pandemic. We see a huge and largely unaddressed market opportunity.” said Jon Jacobson, Chief Executive Off...