According to the Nclose State of Ransomware in South Africa survey, 63.2% of respondents reported experiencing at least one ransomware attack in the past 24 months.
Nclose survey reveals rising ransomware threat to SA businesses Stephen Osler , Co-Founder and Business Development Director at Nclose .
Stephen Osler, Co-Founder and Business Development Director at Nclose, notes that the findings come as no surprise. “Many organisations hesitate to disclose attacks, so the true extent of ransomware in South Africa is likely underreported. What we do know is that cyber crime, particularly ransomware, is rising rapidly.”
Key vulnerabilities emerged from the study, with exploited software vulnerabilities accounting for 21.2% of attacks, followed by phishing or social engineering incidents , and supply chain attacks . Osler expressed concern that “software vulnerabilities were higher than expected, since patch management is a fundamental part of cyber security”.
Ransomware Threat Stephen Osler Nclose State Of Ransomware In South Africa Software Vulnerabilities Phishing Social Engineering Supply Chain Attacks
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