Consumers’ personal data and money is compromised as international cyber hackers make South Africa their new hunting ground.
Johannesburg - Consumers’ personal data and money is compromised as international cyberhackers make South Africa their new hunting ground.
Matthew Gaskel, business analyst at Synthesis Software Technologies, told The Star that there was no such thing as being “completely secure with your data”. “Also, given the amount of money we have within our banks and entities, international hackers have found a juicy spot.”“This is more of a corporate level vulnerability. It raises questions as to how Experian communicates with its clients.
The report said that the problem was significant and the country had experienced a cross-industry spike in attacks last year. “Threat actors may perceive South African organisations as potentially having lower defensive barriers than those of more developed economies. They may also think they face a lower chance of incurring consequences for their malicious activity.”
The hackers demanded four bitcoins with an estimated value of R500000 and threatened to leak the residents’ information.
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