When you think of the central banking system and the South African Reserve Bank, you probably picture physical cash, notes and coins. You may have heard, earlier this year, that the country announced that the Reserve Bank was open to the idea of digital currency. In the release, the Reserve Bank stated that it believed … Continue reading Is digital currency an alternative solution in fighting financial crime?
At the end of July, prepaid electricity users in Johannesburg found themselves without power and unable to buy power. So, what happened? A ransomware attack was what brought a major prepaid electricity provider to its knees. A ransomware attack is a cyberattack that accesses essential systems and files and encrypts them. Once encrypted, the files … Continue reading Joburg Residents Left in the Dark after Ransomware Attack
The internet has changed. Scams and tricks that caught people out years ago just wouldn’t work these days…or would they? The internet is a wonderful place. It can simplify our lives and provide exceptional convenience, but that doesn’t mean that it’s not flawed. Along with the convenience comes the risk. Online scams exist and millions … Continue reading 3 Lesser Known Online Scams
2016 seemed to be the year of ransomware and you would think that by now businesses would have it under control and be able to safeguard themselves, but that just doesn’t seem to be the case. It may come as a surprise, but ransomware is not really new, it’s probably just never been this bad. … Continue reading Safeguarding Your Data from Ransomware In the Cloud
With January over and out it would seem that we are well entrenched in 2017, and we take a look back to the previous year to see how we can learn from past mistakes. It was a busy year for hackers and cyber criminals. Hacking, which increased exponentially during 2016 was certainly a recurring headline … Continue reading Hacked! 2016’s biggest hacking attacks revealed
