11 Feb South African businesses warned to ‘up their game’ against cyber attacks
Specialist insurer King Price has warned South African businesses that they need to be extra secure against the threat of cyber attacks.
Last year saw a new record for the number of data breaches according to the Identity Theft Resource Centre. Additionally, Interpol estimates nine out of every 10 African businesses are currently operating without the necessary cyber security protocols in place; not only is this putting themselves at risk but their clients are also at risk of massive financial loss.
Minnaar Fourie, King Price commercial director, said: “Many smaller businesses we talk to seem to think they won’t be targeted. They are wrong. What we’re seeing clearly is a trend where businesses of all sizes, in all sectors, are potential targets for cybercriminals.
“SMEs are often the weakest link as they don’t have the same level of protection as big companies.”
Sorry, the comment form is closed at this time.