Cybercrimes Act
Cybersecurity Is More than A Tech Problem – It’s a Business Problem Too
Image sourced from Finance Times. A concerning number of South African companies are not prepared for the inevitability of a cyberattack despite the significant financial and reputational risks, according to Ryan Mer, MD, eftsure Africa, a Know Your Payee (KYP) platform provider. “Too few senior managers view cybersecurity as a business problem and not just a technology problem,” he says. “The reality is cybersecurity is very much a business consideration. CEOs and CFOs will eventually face critical questions such as: How much money do we spend on cybersecurity? Do we change key processes? How do we create awareness and change company culture? Do we put security ahead of operational functionality? What is the role of internal processes and staff on data security and integrity?.” Mer adds t...
Cybersecurity and Data Protection Laws Urgently Needed Across Africa
The pandemic has driven home the high value of personal data to the global economy, while also highlighting its vulnerability to abuse and attack. In response, governments around the world have been reviewing their data privacy and protection laws and regulations, including in South Africa and Ghana. Global cybersecurity firm Kaspersky recently noted that cyberattacks are set to rise in African countries, especially in the key financial centres of South Africa, Kenya and Nigeria. The cybersecurity firm noted that rapidly evolving digital techniques had led to an increased risk of Advanced Persistent Threats and hacking-for-hire events in Africa. South Africa In South Africa, the Cybercrimes and Cybersecurity Act was signed into law by South African President Cyril Ramaphosa in early June 2...
