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Ransomware Attacks in South Africa

Cybersecurity

Here’s How Much it Costs to Recover from a Ransomware Attack in 2021

Jenna Delport -
The cost of an average ransomware attack has more than doubled in a year, increasing from $761,106 in 2020 to $1.85 million in 2021. According to “The State of Ransomware 2021” report from Sophos, the average ransom paid is $170,404. While...
Cybersecurity

6 Tips to Defend Against Ransomware Attacks

Jenna Delport -
Over the last few years, the number of users encountering targeted ransomware – malware used to extort money from high-profile targets, such as corporations, government agencies, and municipal organisations – increased by 767%. With that in mind, here are 6...
Cloud Computing

Are BaaS Solutions the Answer to Spike in Ransomware Attacks?

Jenna Delport -
With an ever-growing number of people working from home, primarily due to the global COVID-19 pandemic, cybersecurity attacks are on the rise, meaning that dealing with security risks is an ongoing journey for enterprises. IDC predicts that by 2023, 60%...
Cybersecurity

Research Shows an Increase in Ransomware Attacks on South African Companies

Jenna Delport -
South Africa is firmly in the sights of international cybercrime syndicates, who have been ramping up their attacks on local companies in the past six months - reveals cybersecurity defence, offence and protection specialist, Nclose. ‎ Martin Potgieter, Co-Founder of...
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RetailStaff Writer -

South Africa’s E-commerce boom: How Shein, Temu, and Amazon are shaking up the market

South Africa’s retail sector has been grappling with weak economic conditions, characterised by stagnant inflation-adjusted GDP over the past...
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