HOW TO PRO­TECT AGAINST CY­BER­CRIME

The Star Late Edition - - METRO -

THERE were more than 50 mil­lion global cy­ber­at­tacks over the 2017 hol­i­day sea­son. South Africa has the third high­est num­ber of cy­ber­crime vic­tims world­wide – los­ing about R2.2 bil­lion to cy­ber­at­tacks each year.

In the UK, more than a quar­ter of all on­line scams oc­cur over the Christ­mas pe­riod. More South Africans pre­fer to do their fes­tive shop­ping on­line to avoid the mall rush, but this spike in on­line shop­ping marks an ideal hunt­ing ground for cy­ber­crim­i­nals. Con­sumers do­ing their fes­tive shop­ping on­line could be at risk of los­ing up to R70 000 per in­ci­dent to cy­ber­crime ac­cord­ing to IT group Di­men­sion Data.

Research by Bar­clays shows that more than a quar­ter of all on­line scams in the UK oc­cur over the Christ­mas pe­riod, while Threat Metrix said there were more than 50 mil­lion global cy­ber­at­tacks over the 2017 hol­i­day sea­son. Trends on lo­cal shores are much the same: ac­cord­ing to the SA Bank­ing Risk In­for­ma­tion Cen­tre, South Africa has the third high­est num­ber of cy­ber­crime vic­tims world­wide, los­ing about R2.2bn a year to cy­ber­at­tacks.

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