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cybercrimes

How does generative AI contribute to the sophistication of payment fraud schemes in South Africa?

The accessibility of generative AI tools has lowered the barriers for would-be criminals, while the transition to hybrid work models and geographically dispersed teams has expanded the attack surfaces they can exploit. In this context, the overlap of AI technology...

Global Russian Hack Attack Targeted SA Energy Sector, US Claims

South Africa came out as one of 135 countries that the US claims Russian government employees targeted between 2012 and 2017 as part of two massive hack campaigns allegedly aimed at disrupting energy companies and critical infrastructure. According to Daily...

Awareness and Training Are Key in Defending Your Company from Blended Cyber-Threats

While blended cybersecurity threats are not new, they are fairly sophisticated and multi-staged in nature, meaning that they are difficult to protect against and can pose a considerable threat to organisations’ IT environments. A blended threat typically uses and exploits...

Recent Increases in Cyberattacks Could Be Due to Leaked Cyber “Superweapons”

Check Point Research (CPR), the Threat Intelligence arm of Check Point Software Technologies Ltd., a leading provider of cybersecurity solutions globally, warns of a further increase in cyberattacks and thinks it could be partly down to major powers leaking,...

Is Cybersecurity as Necessary as Electricity?

Cybersecurity has become as much a business necessity as having electricity says South African financial services and insurance company, Sanlam. Threat actors are constantly evolving and relentlessly hunting for vulnerabilities, cybercrime has become so profitable that exploitation is their business...

IT Teams Facing Cyber Threats in 2020 – 5 Vital Insights

"Around the world, 2020 was an unprecedented year for IT teams," said Chester Wisniewski, principal research scientist, Sophos. IT professionals played a vital role in helping organizations to keep going despite the restrictions and limitations necessitated by COVID-19. Among other things,...

Cybersecurity Breaches to Increase by up to 70% in coming years, report says

Technology forecasting agency, Juniper Research has found that the cost of data breaches will rise from $3 trillion each year to over $5 trillion in 2024, an average growth of 11% per annum. This will primarily be driven by...

FBI extradites Nigerian from South Africa for cybercrimes

On Friday 26 January 2018, the United States Federal Bureau of Investigation (FBI), announced in a statement the extradition of Onyekachi Emmanuel Opara, a Nigerian national, from South Africa, for participating in fraudulent business email operation that attempted to...

Nigeria ranked 3rd most affected by cybercrime after US, UK

The Nigerian Communications Commission (NCC) has revealed that Nigeria is currently the third most affected country plagued by cybercrimes, with the US and UK in the top positions. This is according to a report by the Premium Times. The revelation was...
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Nemetschek Group Unveils AI Assistant

The Nemetschek Group, a software provider for the AEC/O and media industries, unveiled a preview of the AI Assistant,...
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