Africa Ranks Low on Phishing Cyber Resilience

June 5, 2024 at 02:06AM According to KnowBe4’s 2024 report, Africa has seen significant growth in phishing-related cybercrime, particularly affecting small and midsize businesses. Inadequate user training contributes to vulnerability, with African countries facing additional challenges due to technological growth and limited cybersecurity resources. Strategies for improvement include regulatory compliance, increased awareness training, and public-private … Read more

Ransomware payment rates drop to new low – only 29% of victims are forking over cash

January 31, 2024 at 02:20PM Ransomware payments dropped to 29% in Q4 2023, down from 85% in 2019. Coveware attributes the decline to increased awareness and reluctance to trust data kidnappers due to high-profile incidents where payments led to nothing. A payment ban is discouraged, with reporting requirements and changing victim incentives seen as more … Read more

When Good Security Awareness Programs Go Wrong

November 9, 2023 at 02:13PM An email sent by a company informing employees about a holiday bonus turned out to be a phishing simulation. Employees were required to fill out a form with personal details to claim the bonus, failing the test instead. Instead of receiving the bonus, they were mandated to take security awareness … Read more