The one positive of this, even if some of it is depressing, is that there'll be life on the other side, writes Adriaan Basson.
A scammer will always find a way to scam.
A Pretoria law firm has appealed a high court decision that it still owes a client R1.7m even though it had already paid the money into what later appeared to be a fraudulent account.
Hack attacks, ransom threats and theft of money through fraudulent transactions are all becoming a stark reality for legal professionals, warns a legal risk advisor.
There is an increasing number of cyber attacks on supply chains and financial services in Africa, according to experts at global cyber security giant Kaspersky Lab.
Companies often force employees to be cyber security aware, while top management does not have a clue what is going on, warns the director of the Centre for Cyber Security at the University of Johannesburg.
Mobile wallets are extremely attractive to cyber criminals, according to Fabio Assolini, senior security researcher at global cyber security firm Kaspersky Lab.
Global security company Kaspersky Lab says malware attacks in South Africa increased by 22% in the first quarter of 2019 compared to the first quarter of 2018, and SA's Android phones are the second-most targeted in the world for banking malware.
As Israel prepares to hold a national election next week, experts say it is vulnerable to the kind of foreign hacks and cyber campaigns that have disrupted the political process in other countries.
Multiple apps posing as fitness-tracking tools were caught misusing Apple's Touch ID feature to steal money from iOS users.
There appears to be a growing trend where cyber criminals come to Africa to hack into systems elsewhere in the world, a Cape Town conference has heard.
The South African Banking Risk Information Centre acting CEO, Susan Potgieter, says spoofed emails often look convincingly legitimate and, in the fog of panic, clients might click on a risky link where they would usually think twice.
Ask any South African company what their major headaches are right now, and chances are that security - including cyber security - will be near the top of the list.
With growing investment in smart buildings and the arrival of the Internet of Things, it's only a matter of time before buildings themselves are under attack, says Carey van Vlaanderen.
According to research by IBM, there are about 17 billion cyber-attack incidents daily, and the most attacked industry is financial services, because of the valuable data in its possession.
Fin24 talks to 13-year old hacker Reuben Paul, who delivered his first presentation at a hacker conference at the tender age of 8.
In 1994 there was about 1 new malware detected per hour; by 2008 it was about one per minute and by 2011 about one per second.
Cyber security is a major blind spot in the retirement fund industry, according to Viresh Maharaj, chief executive at Sanlam Corporate: Sales & Marketing.
Research shows employees persist with risky cyber behaviour even when they say they won't - and one academic believes companies may need to dock pay as a punitive measure in order to drive the point home.
Actuarial skills are now also sought after in industries like banking, healthcare and mining, which rely heavily on data and systems integrity.
SA businesses of all sizes have been hard hit by an onslaught of cyber-attacks, although this is not always public knowledge, says a cyber risk expert.
Atlantic SeaboardLiberty Financial Advisers
Cape TownTumaini ConsultingR600 000.00 - R800 000.00 Per Year
R 6 950 000
R 2 650 000
R 5 750 000
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