cyber attacks

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Insurers seek cyber security to manage Covid-19 risk

Forward-thinking business insurance providers are rallying corporate cyber security into their offerings to lower clients’ risk exposure and prevent claims. This has gained traction over the past three months as Covid-19 related cyber scams have increased. Cyber threats have exploded during the Covid-19 pandemic with recent statistics showing a 10-fold increase in attacks on digital […]
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Momentum hit by cyber attack

Two years after rival insurance group Liberty was hit by hackers demanding a ransomware payment running into millions of rand, now Momentum Metropolitan has informed its shareholders of a data breach on the network of one of its subsidiaries. The company did not state which subsidiary’s website was targeted by the attack, adding that it […]
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Google and Amazon overtake Apple as most imitated brands for phishing in Q2 2020

It’s estimated that phishing is the starting point of over 90% of all attempted cyber-attacks, and Verizon’s 2019 Data Breach Investigations Report reflects that nearly one-third (32%) of actual data breaches involved phishing activity. What’s more shocking is that phishing was present in 78% of cyber-espionage incidents and the installation and use of backdoors to networks.  […]
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