Recent data from FTI Consulting’s 2021 Resilience Barometer—which draws on insights from business professionals in South Africa and globally regarding the major commercial, technological, reputational and legal challenges of the last year—confirmed that this increase in risk has not been adequately addressed by most corporations in South Africa
Cybersecurity remains a significant concern for businesses in South Africa. Early on in the pandemic, cybersecurity experts reported dramatic increases in attacks on businesses in the region, with hundreds of thousands of devices and accounts being exploited each week. Unfortunately, though cyber risks have continued to increase, the pressures of the last year have prevented most businesses from taking the proactive steps needed to mitigate their risk.