Every industry must make it a priority to mitigate against fraud, but particularly the banking and finance sector. Mzukisi Rusi, Head of Technology Delivery, Entersekt, tells us why businesses within this sector must build trust and loyalty with their customers in order to remain competitive and to allow the banks to prevent fraud in a […]
A report from Kaspersky has revealed that cybercriminals have used banking Trojans to attack the African companies. In 2019, 773,943 users of Kaspersky solutions globally were attacked by banking Trojans. Of those users, a third (35.1%) were in the corporate sector. In Africa almost every hundredth user (varying from 0.9 to 1%) in South Africa, […]
GDPR has forced business to take a much broader look at data management. John Pocknell, Senior Market Strategist at Quest, explains how to better manage data and how it will make a difference to companies. In the age of the Internet, data has become one of the most valuable commodities to almost every business. Not […]
Positive Technologies experts have analysed the 2019 cybersecurity threat landscape. The analysis shows that the percentage of targeted attacks is much greater than that of mass attacks and that the top target sectors were government, industry, healthcare, science and education and finance. According to the study, the number of unique cyberattacks increased by 19% and […]
Kaspersky statistics show that while the cases of downloading malicious programs targeting users’ bank accounts has become more frequent within 2020, 34% of South African computers may be more at risk of infection without users knowledge, as they rely on an outdated or unsupported version of Microsoft Windows operating system (OS). Considering that this OS […]
Experts continually highlight how security needs to be a top priority in a connected world but how often is it top of the list for companies? Andrew Kilbourne, Managing Director at Synopsys, said the percentage of companies passing security testing has fallen and, to add to this, compliance does not always lead to security. It’s […]
Akamai Technologies, has published the Akamai 2020 State of the Internet / Security: Financial Services – Hostile Takeover Attempts report. The research findings reveal that from May 2019 and continuing on until the end of the year, there was a dramatic shift by criminals who started targeting APIs, in an effort to bypass security controls. […]
As one of the largest financial institutions in the world, Standard Chartered Bank is under no illusion that it can’t function without complete protection of its IT infrastructure. Yuval Illuz, Group CISO, COO, Trust, Data and Automation, Operations, Standard Chartered Bank, discusses what it means to operate with a secure approach, how Europe is best […]
See how Gulf General Cooperative Insurance is overcoming regulatory and compliance and security challenges with Nutanix.
Kaspersky security researchers have reported on thousands of notifications of attacks on major banks located in the Sub-Saharan Africa (SSA) region. The malware used in the attacks indicates that the threat actors are most likely to be an infamous Silence hacking group, previously known to be responsible for the theft of millions of dollars from […]
