In April, Kaspersky experts discovered a number of highly targeted attacks against multiple companies utilising a previously undiscovered chain of Google Chrome and Microsoft Windows zero-day exploits. One of the exploits was used for remote code execution in the Chrome web browser, while the other was an elevation of privilege...
The rapid pace of digital transformation in East Africa has had a significant impact on not only how people live their lives, but also on how communication and commerce are conducted, allowing the modern customer to do everything – immediately. This has also had the unintended consequence of altering the...
In this past year, the consumer experience came to the forefront. As we faced various stages of lockdowns, we turned to online banking, seeing our doctors remotely, running our businesses using technology and socialising through a screen. Digital interactions became a part of our lives – ever-present and normalised...
Check Point Research (CPR) urges Windows users to update their software, after discovering four security vulnerabilities that affect products in the Microsoft Office suite, including Excel and Office online. The loopholes were found in sections of legacy code, the vulnerabilities could have granted an attacker the ability to execute code...
With an inundation of information from all angles regarding The Protection of Personal Information Act (POPIA), and the 1 July commencement date quickly approaching, organisations could be forgiven for feeling more than a little overwhelmed. Emmanuel Tzingakis, Technical Lead for Trend Micro Sub-Saharan Africa, contemplates how POPIA can assist organisations...
To prevent becoming the victim of fraudsters, it’s vital to be on guard, especially when using transactional, card-based accounts linked to cheque and savings accounts. Vijay Naidoo, CIO at Old Mutual Finance, pointed out that "...transactional accounts are among the most commonly used accounts, which means they are prime targets...
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 and Ghana. Global cybersecurity firm Kaspersky...
As more consumers go online for banking and other financial transactions, new research from TransUnion, an American consumer credit reporting agency, has found that fraudsters are ramping up their efforts in the financial services industry. When comparing the last four months of 2020 (September 1 - December 31) and the...
South Africa's Cybercrimes Bill has finally been signed to law by President Cyril Ramaphosa. Now an act of parliament, the bill seeks to bring the country's cybersecurity laws in line with the rest of the world. One of the features of the new bill is the creation of offences and the...
Ransomware and other malware are a constant threat, and data backup is critical to safeguard a business’ most important asset. However, cybercriminals are increasingly targeting and encrypting backup data copies as well, a strategy that leaves organisations unable to recover unless they pay the ransom. Keeping an immutable copy of...
Between more sophisticated cybercriminals and immense pressure to ensure governance on compliance, 2021 is already shaping up to be a minefield. And as such, cybersecurity has risen to the top of most organisations’ agendas. With this in mind, research from Sophos shows the top 10 cybersecurity misperceptions:  Misperception 1: We are...
The cost and impact of cybercrime are climbing by around 15% every year, according to a 2020 report in Cybercrime Magazine, and is expected to cost $10,5 trillion globally by 2025. This makes cybercrime, they argue, more profitable than the global illegal drug trade. The real costs are far greater...
It’s nearly impossible to read the news without seeing at least one headline blaring about a breach, hack or attack. In the USA, the Colonial Pipeline experienced a Darkside ransomware attack that affected more than 10, 000 gas stations. Virgin Active was hit by a hack in early May 2021...
Netscout today announced findings from its bi-annual Threat Intelligence Report, punctuated by a record-setting 10,089,687 Distributed Denial of Service (DDoS) attacks observed during 2020. Cybercriminals exploited vulnerabilities exposed by massive internet usage shifts since many users were no longer protected by enterprise-grade security. Attackers paid particular attention to vital pandemic...
Digital technology has not only profoundly altered the way we live our lives, but also changed the pace of communication and commerce, allowing us to do everything, immediately. While this has effectively impacted every aspect of our lives, it also inevitably changed the way we are targeted by fraudsters. Along...
A new, and viral, phishing scheme has seen fraudsters putting mobile users’ financial information at risk, according to Kaspersky. The cybersecurity company revealed that attackers, typically under the guise of a postal service, request a small sum of money for the shipping costs of a package. Once a user clicks...
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