Launch of SA-Netherlands Cyber Security School

Stellenbosch University (SU) and The Hague Centre of Strategic Studies (HCSS) have joined forces to launch South Africa’s first International Cyber Security School in 2024 – a first for Southern Africa.

South Africa poised to become continent’s cybercrime capital

South Africa has seen a staggering 100% increase in mobile banking application fraud over the last year according to research recently conducted by Interpol. It is also estimated that South Africa will experience as many as 577 malware attacks every hour.

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Insurance against cyber attacks becoming more necessary

There is an increasing necessity for all businesses to take out insurance cover against cyber attacks that could result in severe damage to their operations and possibly put them out of business if they are not able to cope with the consequences.

AI: Why now and what does it mean for your security?

The AI explosion is transforming the cybersecurity landscape and it’s a game-changer with far-reaching implications. Watch a very interesting webinar that will redefine your approach to AI.

Test driving of WithSecure™ Elements CSPM

Elements Cloud Security Posture Management (CSPM) is the latest step towards exposure management. When the CSPM pilot program was launched, iOCO Solutions felt they had to be involved which their Head of Engineering managed to do which was very rewarding.

Half of Ransomware Groups operating in 2023 are new

According to the recent news article in InfoSecurity magazine, almost half of the 60 ransomware groups tracked by the security vendor WithSecure in 2023 began operations this year.

Threats in the Wild

South Africa

R1.1bn ransom demanded by Hackers from TransUnion, Experian
Brazilian hacker group N4ughtySecTU has been tormenting the credit bureaus TransUnion and Experian by breaching their IT systems and demanding payouts.

Western Cape legislature hit by cyberattack
The parliamentary cyberattack on the western Cape legislature rendered their information and communication technology (ICT) services inaccessible.

Cybercriminals targeted fans in the 2023 Rugby World Cup
The exploitation by cybercriminals of unsuspecting Rugby World Cup fans in search of last-minute deals resulted in the innocent fans becoming vulnerable to phishing, fraud, and scams.

International

Hospital rooms in three US states closed due to Cyber Attack
The emergency rooms in hospitals in at least three states in the USA were shut down recently as a result of ransomware attacks during their Thanksgiving holiday.

Cyber Attack has thousands of house purchases in the UK frozen
An IT company used by property conveyancers in the UK suffered a cyber attack that has hit about 80 law firms, resulting in property exchanges and completions across the country being halted.

Data breach impacting thousands in the USA says Sony
Sony Interactive Entertainment (Sony) sent a data breach notification to about 6,800 individuals to notify current and former employees about a cybersecurity breach exposing personal information.

This bulletin is intended to increase the security awareness in organisations by providing useful information to help enhance security and safety when using computing devices and the Internet.

Be sure to consider some of the cyber threats out there and consider these tips for protecting yourself and your devices. Until our next mailer, you can check out all the great resources we have available on our website.

The Cybervision Team