People are the greatest security risk to organisations’ systems and data, says Sebastiaan Rothman, Manager: Cloud Security & Compliance at Altron Karabina.
“Although there are a multitude of technology security solutions out there, cyber-attacks are still rampant, and organisations are constantly fighting against these malicious cybercriminals.”
“But technology can only help so much”.
The cyber-attack of the day is Ransomware hacking into an organisation’s system and stealing data or blocking access to the data by encryption and demanding payment to release the data or else this sensitive information will be leaked on the internet.
Most of these are a result of social engineering of which phishing makes up close to 80%.
It is estimated that ransomware attacks in 2020 were more expensive than the average data breach, costing $4.4 million on average.
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