Media The rapid rise of cyber risk in South Africa

The rapid rise of cyber risk in South Africa by Zaakir Mohamed and Mawande Ntontela

South Africa has in recent years seen a stark increase in the commission of crimes relating to cybercrime and/or cyber security breaches. It is no surprise that South Africa has rapidly garnered the reputation of a global hot spot for cybercrime, ranking sixth in the world for cybercrime density.

For organisations, the potential financial losses resulting from cyber-attacks can be astronomical, which is only exacerbated by consequential reputational damage that they potentially stand to suffer. For these reasons, it is now imperative that organizations develop an in-depth understanding of the cyber risks they are exposed to so that they may plan accordingly and develop the necessary systems to mitigate the losses associated with cyber-attacks.

Read more:
https://lnkd.in/dmhcpNzc