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Cybercrime Online

Is Cybersecurity as Necessary as Electricity?

Sourced from Travellers 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 priority, and regulation is increasingly complex to navigate and manage. For Sanlam, cybersecurity has always been more than plugging holes and filling gaps, it’s a priority that has to be embedded within business foundations while managing cost, growth, customer experience, data analytics and regulatory controls. “Developing a comprehensive and holistic cybersecurity solution is a mandate for us, one that we must meet to ensure customer, stakeholder and industry trust. ...

Global VPN Use Exploded in March

With millions working from home, the COVID-19 pandemic has seen the global usage of VPN demand swell. Demand for commercial VPNs (Virtual Private Networks) in the US jumped by 41% between 13 March and 23 March according to research from Top10VPN.com, a VPN research and testing company in the U.K. Network World writes that VPNs were already a growing industry before the coronavirus outbreak struck the world and the subsequent shutdown of workplaces. The global VPN market was forecast to grow 12% year-on-year and be worth $70-billion by 2026, according to a Global Market Insights 2020 survey. North America was forecast to remain the leader in VPN usage, with around 30% market share. Top10VPN.com found global VPN demand increased by 41% over the second half of March and remains 22% higher tha...