South Africa
Hackers claiming data theft on TransUnion and Experian
According to a recent article at BusinessLive, the Brazil-based N4ughtySecTU Group claims to have hacked the TransUnion and Experian, demanding $60m. The hacker group has yet to provide proof of the data theft.
Data breaches in the financial sector of SA
A recent article by Channelwise states that these are the highest losses from data breaches in the SA financial sector. “Annual Cost of a Data Breach Report, showing the average data breach cost for South African organizations reached R49,45-million in 2023 – an all-time high for the report. This represents an 8% increase over the last three years and a 73% increase since South Africa was added to the report eight years ago.”
CIPC cyber attack leaves millions of entities vulnerable
According to a recent IOL article, addresses, credit card details, ID numbers and names of companies and individuals might be compromised and the CIPC has called on its clients to be alert to any unusual requests or messages. It also warned clients to be vigilant when receiving emails, even those which might seem to have been sent from the CIPC email address. The organisation’s Chief Strategy Executive Lungile Dukwana says it seemed to be a targeted attack and investigations were still under way.
International
The consequences and steps to take after experiencing a data breach
In a recent article by Masthead, these are the necessary steps to take after experiencing a data breach as well as the consequences of being breached.
The cybercrime trends to watch out for in 2024
According to the recent article by TechCentral and ICTGlobe.com, the major cyber crime trends for 2024 are as follows:
– A complex landscape
– E-mail remains a top vector
– The expanded identity landscapes
– Endpoint blind spots and IoT devices
– Securing the cloud
– An internet-scale challenge