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data breach

How a Data Breach Could Sink an SME

When it comes to reporting on cybercrime, we tend to only come across stories impacting major companies or industries. Apart from the obvious reputational damage, we don't really grasp the consequences of something like a data breach on a company...

1 in 4 People Use Fitness Devices – Is Your Tracking Data Secure from Hackers?

A recent study by the virtual private network provider NordVPN revealed that 1 in 4 (24.6%) people use some kind of fitness or well-being device, such as a smartwatch, fitness tracker, etc. However, these devices may be tracking a lot...

When Ransomware Strikes, Can You Recover Fast Enough?

Ransomware attacks have become increasingly common, and they are even available on the dark Web to purchase as a service. There have been many incidents in the news, where major companies have been left with little choice other than...

What SMEs Should Know About Ransomware

Ransomware attacks are on the rise and malicious cybercriminals are always fine-tuning their strategies. Business leaders need to realise that their tactics include disrupting critical business operations across all industry verticals and businesses of all sizes, including small to...

The Average Data Breach Costs Over $4-Million in 2021

According to data presented by Atlas VPN, the average financial damages caused by a data breach increased by nearly 10% year over year to $4.24 million in 2021. This is the highest spike since 2015. A data breach can have...

Almost 50% of South Africans Will Avoid a Service Provider Following a Data Breach, Research Shows

Nearly half of South African consumers (46%) would walk away from an online service provider if it suffered any form of data breach, according to a global study by Kaspersky. The idea of avoidable data misuse is likely to incur...

Momentum Confirms Hackers Accessed Financial data

Momentum's parent company, Momentum Metropolitan has confirmed to stakeholders that one of its subsidiaries has fallen victim to a data breach. “Momentum Metropolitan hereby informs stakeholders that a third party unlawfully accessed a limited portion of data of a subsidiary...

The Actual Cost of Data Breaches, According to IBM

Security breaches can cost South African companies an average of R40 million, according to an IBM Security study. Based on in-depth analysis of data breaches experienced by South African organisations, the study found that malicious attacks on customer, employee and...

7 Steps to Deal with a Data Breach

As data breaches continue to make their way into the public news cycle, individuals and organizations alike are looking for ways to protect their financial and personal information. When it comes to this type of threat, two things are...

Practice makes perfect: the importance of stress testing in ransomware

You could be forgiven for believing ransomware has already peaked. After all, few organisations in South Africa have experienced it on various levels since 2017’s WannaCry attack. Yet ransomware is hardly a spent force. If anything it’s become normalised....
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Latest News

Tech Soft 3D Welcomes New Chief Financial Officer

Tech Soft 3D announces the appointment of Cecile Quillard as its new Chief Financial Officer. Reporting directly to CEO Ron...
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