Day: March 19, 2025

JOHANNESBURG, March 19, 2025 (GLOBE NEWSWIRE) — Banks and insurance companies across Africa face an unprecedented wave of cyberattacks, with ransomware, data breaches, and phishing threatening financial stability and customer trust. In 2020, South Africa’s Experian breach compromised the data of 24 million individuals, exposing vulnerabilities in the sector. More recently, in 2023, the Medusa hacking group targeted […]

JOHANNESBURG, March 19, 2025 (GLOBE NEWSWIRE) — Banks and insurance companies across Africa face an unprecedented wave of cyberattacks, with ransomware, data breaches, and phishing threatening financial stability and customer trust. In 2020, South Africa’s Experian breach compromised the data of 24 million individuals, exposing vulnerabilities in the sector. More recently, in 2023, the Medusa hacking group targeted […]