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45% of SA firms are targeted by cyber attacks - report

45% of SA firms are targeted by cyber attacks - report (Trends, Reports, Analysis)

DURBAN - The report released by the Ombudsman for Banking Services revealing that 50 percent of all complaints are fraud-related, reinforces the importance of improved cyber awareness.  Banks run extensive education and awareness campaigns and implement numerous security measures to protect their clients.  But consumers are still being tricked by sophisticated cybercriminals who continue to find new and advanced techniques to gather sensitive personal information which they use to bypass banks’ security measures. The latest research from Mimecast and Vanson Bourne found that 45 percent of South African firms reported an increase in targeted spear-fishing attacks using malicious links or attachments over the past year.

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