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Ransomware Activity Doubles in Transportation and Shipping Industry -Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), today released The Threat Report:... -

, home to the world’s most elite security researchers and intelligence experts. The latest report analyzes cybersecurity trends from the third quarter of 2022.

“South African companies are indeed taking the necessary steps to protect against cyber threats, but the financial investment this requires is substantial. This is especially challenging considering the exchange rate with the dollar, which has an impact on the ability of some organisations to fully stay abreast of the most relevant technologies from overseas vendors.

He adds that in order to adequately protect themselves and their customers’ information, South African companies need to make aggressive investments in both areas simultaneously, acquiring the best-of-breed technologies and continuously equipping people with globally relevant capabilities.

 

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