CybersecurityPolicySecurity

South African Financial Sector Faces Mounting Insider Cybersecurity Threats, Kearney Analysis Reveals

New research from global consulting firm Kearney indicates insider threats now constitute nearly one-third of cybersecurity breaches in South Africa’s financial services sector. The report highlights detection difficulties and a 40% surge in insider incidents linked to legacy systems. Cybersecurity resilience has become a critical boardroom priority as digital transformation accelerates across the continent.

Growing Insider Threats Challenge South African Financial Security

Global management consulting firm Kearney has released concerning new findings about cybersecurity vulnerabilities within South Africa’s financial services sector, with insider threats emerging as a particularly pressing challenge. According to the analysis, financial institutions across South Africa and the broader African continent face increasingly sophisticated cybersecurity risks as digital transformation accelerates.

CybersecurityPolicy

China Alleges US Cyberattacks Targeting Critical Time Infrastructure

Chinese authorities claim the US National Security Agency targeted the country’s National Time Service Center in sophisticated cyberattacks. The timing facility provides critical synchronization services for communications, finance, and defense systems nationwide.

Cyberattack Allegations Against US Time Infrastructure Targeting

Chinese security authorities have accused the United States of conducting sophisticated cyberattacks against the National Time Service Center, a critical infrastructure facility responsible for timing services used throughout China‘s communications, finance, power, transport, and defense sectors. According to reports from the Ministry of State Security, the alleged attacks represent a significant escalation in ongoing cyber tensions between the two nations.