SA businesses urged to be on ‘high alert’ against rising cybercrime that exploits human vulnerabilities
The onset of COVID-19 in 2020, followed closely by the 2021 July riots and the severe flooding in parts of KwaZulu-Natal have had a devastating impact on South African businesses across a range of sectors. These events, which interrupted the operational flow of businesses, led to supply chain disruptions, and caused large-scale damage to property, highlighting the vital role of effective risk mitigation strategies. The potential damage that malicious external threats pose to businesses are both significant and wide-reaching. However, it can be argued that the most costly losses are tied to human error, which can bring unexpected disruption and financial costs.