The rate at which ransomware attacks are increasing means that it is only a matter of time before any business will experience an attack at some point. It has become imperative to not only have all of the tools in place to prevent an attack as far as possible, but to have a response plan in place for when you are hit. This can be...
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Despite the increasing occurrences of serious ransomware attacks and data breaches, data management remains low on the priority list for many South African businesses. The reality however is that it is not something you can afford to ignore. The repercussions of a successful data breach can be catastrophic, in terms of cost, downtime, lost income, long-term impact to business and reputation as well as compliance....
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In the past year alone, 47% of South African companies indicated that they’d been affected by ransomware, at an average cost of R6.4 million. A recent survey showed that 5% of local organisations indicated that they would pay a ransom, which incentivises cybercriminals. Interestingly, although more companies were affected by ransomware globally than in South Africa, local companies experienced more downtime as a result of...
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