Cyber Threats on the Rise in South Africa: The Critical Need for Cyber Insurance
Tag: Cyber Threats
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Cyber Threats on the Rise in South Africa: The Critical Need for Cyber Insurance
In an age where every enterprise has a digital footprint, regardless of its sector or the nature of its business, the cyber-attack threat looms more prominent than ever. According to the South African Banking Risk Information Centre (SABRIC), the incidence of cyber-attacks in South Africa surged by 22% in 2023 alone. Moreover, a study conducted…