October Threats Highlight Report

  1. “Cybersecurity or Catastrophe”: According to a recent article published by South African Instrumentation Control, cyberthreats to be one of the most prominent risks for businesses in 2024/25 as data breaches rise.
  1. Crypto wallets under attack: According to a recent article published by The Hacker News, Crypto Wallets are being targeted with malicious code via Python package.
  2. ‘Non-attack’ data breach claims: According to a recent article published by Moonstone, “As data breaches have become a major driver of class action litigation in the United States, two leading experts in competition and consumer law predict it is only a matter of time before South Africa sees a rise in “non-attack” data claims.”
  3. Cybersecurity Awareness Month: According to a recent article published by CEO Today, “As October unfolds, it brings with it the annual observance of Cybersecurity Awareness Month, a crucial time dedicated to highlighting the importance of cybersecurity and empowering individuals and organizations to protect themselves from the ever-evolving landscape of cyber threats. In a world where digital interactions are more frequent than ever, understanding how to stay safe from scams and cyber attacks has become imperative.”
  4. Data Breach costs: According to a recent article published by SMART, South Africa is among the top 15 in data breach costs, ranking at 14th globally.