The most recent cybersecurity breach, uncovered by an Australian security developer in October, exposed the private information of 30 million South Africans. This issue dominated discussions at the recent AfriSecure Cyber Security Summit in Sandton, Johannesburg.
South Africa is particularly susceptible to cyber-attacks and organisations need to prepare themselves for potential breaches, said Danny Myburgh, MD of Cyanre, who is involved in the investigation of the data breach, in a panel discussion. Myburgh was joined by Duncan McLeod, editor of TechCentral, Marc Silver, cybersecurity HOD at Investec, and Thagraj Moodley, group chief information security officer at Discovery.
Dr Bright Gameli Mawudor, cybersecurity specialist at Internet Solutions, showed by way of a live hack how easy it is for hackers to infiltrate critical private information through social media. Users should be careful about the information they share on social media, especially when shopping online. “When you hack one machine, you hack an entire network”, which outlines organisational vulnerability through the human element.
“When you hack one machine, you hack an entire network.”
The Internet of Things is expanding rapidly and more personal data is being held by companies, which increases both a physical and intellectual risk. Everything is linked which puts everything at risk, said Terence Southam, joint MD of Kinetic. He quoted Dwight Eisenhower, “we will bankrupt ourselves in the vain search for absolute security”, in explaining that companies must be prepared as possible for this ever-increasing risk.