May 15, 2017

South Africa ranks as one of the most vulnerable countries in the world for cyber attacks, yet local businesses are largely discounting this risk and not protecting themselves adequately in this regard. Roy Wright, Head: Risk Solutions at leading financial advisory group GTC believes small, medium and micro enterprises (SMEs) are especially exposed to the dangers of cyber crime. “While unseen, crime in cyberspace presents one of the biggest threats to businesses today,” says Wright.  “A report by AT Kearney, Global Management Consulting Firm, has revealed that South Africa is the third most vulnerable country in the world for cyber attacks, and the most vulnerable in Africa.” According to a recent Global Economic Crime Survey by PWC, cyber crime is also now the fourth most reported economic crime. Wright says that many smaller business executives believe that only large corporations... Read More