Cyber Risk is VUCA!
VUCA means environments or systems that are Volatile, Uncertain, Complex and Ambiguous
From an alarming report by SABRIC, it is clear that cyber risk and crime is on the rise.
The recent CIPC hack, as a stark reminder of the potential risks and vulnerabilities businesses face in cyberspace.
According to Cliffedekker Hofmeyr the perpetrators boasted of using the same method three years ago…
Here are some characteristics which make cyber risk VUCA
Volatile
Cyberattacks can spike suddenly, causing significant disruptions to operations and leading to financial losses and reputational damage.
Uncertain
The constantly evolving nature of cyber threats makes it challenging to predict when and how an attack may occur.
Complex
Cyber risk management involves navigating intricate networks, diverse attack vectors, and sophisticated tactics employed by threat actors.
Ambiguous
Identifying the source and motive behind cyberattacks can be murky, making it difficult to formulate effective response strategies.
So, what can we do?
The UK National Cyber Security Centre have 10 Steps to Cyber Security HERE
Professional Services help from Wolfpack can be found HERE
Additionally, your organization can follow good principles such as:
- Turn on Multifactor Authentication
- Update your software
- Use strong passwords
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For the SABRIC Crime Stats Report see HERE
For the 2024 Cliffedekker Hofmeyr article on the CIPC hack go HERE
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One more thing,
At Pfortner, we take Information security seriously.
We encrypt email, messaging and network communications to provide our clientele with uncompromised privacy.
If you need to protect sensitive communications, please see www.pfortner.co.za
Or send a blank email to info@pfortner.co.za , and we will get back to you.