The ransomware attack on Kenya Airways is a fresh reminder of how vulnerable organisations are to cyber criminals. Recent research undertaken by cybersecurity experts Check Point Software indicates that 71% of organizations globally have found themselves victim to ransomware attacks with the financial fallout averaging a hefty US$4.35 million per breach. In 2023 one in every 11 organisations in South Africa alone suffered a ransomware attack attempt. “Ransomware isn’t just a low-risk intrusion into business systems; it’s a predator holding vital data hostage and demanding a ransom for its release. Cyber awareness trainingTrain your workforce in cyber security basics, including phishing recognition and password security.

Source: The North Africa Journal January 15, 2024 10:34 UTC