THE persistent myth is that cybercrime only targets the biggest companies and economies but cybercriminals are not bound by geography, and rapidly digitising economies lure them in large numbers. South Africa is a prime example: even though it ranks 38th among major economies, according to worlddata.info, several reports place it among the nations with the highest cybercrime density, especially in terms of victim numbers.
Chief Technology Officer at cybersecurity company, Performanta, Gerhard Swart said this unfortunate distinction means South African organisations need to think more seriously about cyber risks and