Cyberattacks: Risks rise for SA’s biggest job-creating industries – Wall Street Journal

The results of a WSJ Pro Research survey of information security officers throw up a red alert that South Africa's already challenging business environment is at greater risk of cyberattacks. The survey found that retail and manufacturing – two of SA's biggest job-creating industries – and government computer are most at risk of cyberattacks. And small businesses, which are already bearing the brunt of Covid-19, are ill-prepared to withstand an attack of any kind. Earlier this year the World Economic Forum listed cyberattacks as one of the top-10 risks facing the world in 2020. Cybercriminals are always taking advantage of chaos to step up their attacks as was illustrated by the criminal cyberattack on South African private healthcare group Life Healthcare some two weeks ago. And as work-from-home employees are sitting ducks for hackers to gain access to company networks, SA Inc can no longer afford to take the ostrich route and stick their proverbial heads in the sand. – Fadia Salie

The industries most vulnerable to cyberattacks — and why

By Rob Sloan

(Wall Street Journal) – A number of important industries are dangerously vulnerable to cyberattacks. Small businesses are far less prepared than big ones. And plenty of companies aren't taking basic steps to improve their readiness, leaving them exposed to breaches that can threaten their existence.

___STEADY_PAYWALL___