Cyber crooks cashing in as ATM attacks decline

Cyber crooks cashing in as ATM attacks decline

The rate of banking sector-related contact crimes such as branch-before-deposit and ATM-after-withdrawal robberies are in sharp decline as criminals find higher rates of success through digital means to defraud people. According to the South African Banking Risk Information Centre’s (Sabric’s) Annual Crime Statistics 2024 report, robberies dropped 35% year on year in 2024, with associated…

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Cyber Insight, Sophos host strategic event on ransomware trends, future of cyber security

Cyber Insight, Sophos host strategic event on ransomware trends, future of cyber security

Cyber Insight, in partnership with Sophos, hosted an exclusive cyber security event on 19 August at the Eikenhof Estate in Stellenbosch, bringing together IT managers, clients and partners to explore the latest ransomware research and the future development roadmap for Sophos solutions. Ransomware remains a top concern for SMEs The event highlighted findings from the…

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Westcon-Comstor looks to specialise in cyber security

Westcon-Comstor looks to specialise in cyber security

Louise Taute, MD at Westcon-Comstor Southern Africa. Technology distributor Westcon-Comstor looks to specialise in security as part of its growth strategy. It says it will prioritise a consultative selling approach (serving as a partner to directly support operators with their choice of technologies and in their digital journeys) over pure traditional distribution. This is according…

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Sophos, Phishield announce first-of-its-kind cyber security, insurance partnership for sub-Saharan Africa

Sophos, Phishield announce first-of-its-kind cyber security, insurance partnership for sub-Saharan Africa

Pieter Nel, Sales Director – SADC for Sophos in South Africa. (Image: Supplied) Global cyber security leader Sophos has entered into a landmark partnership with Phishield, a specialist cyber insurance provider, to launch an integrated cyber protection and insurance solution across sub-Saharan Africa. The collaboration marks the first time in the region that proactive cyber…

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KnowBe4 Report Reveals Global Financial Sector Faces Unprecedented Cyber Threat Surge

KnowBe4 Report Reveals Global Financial Sector Faces Unprecedented Cyber Threat Surge

KnowBe4, the world-renowned cybersecurity platform that comprehensively addresses human risk management, has released its latest research paper “Financial Sector Threats Report,” uncovering critical insights into the escalating cybersecurity crisis facing the global financial sector. The report shows that financial institutions face a perfect storm of AI-enhanced attacks, credential theft and supply chain vulnerabilities that pose…

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Google hit by AI-driven cyber attack

Google hit by AI-driven cyber attack

Fraudsters are increasingly using generative AI to perpetrate cyber scams. Google has become the latest company to fall victim to cyber criminals increasingly using artificial intelligence (AI) to bypass security measures and trick users with highly-realistic documents that install malware on networks. This Google attack, following a similar incident targeting Microsoft SharePoint servers globally, was…

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