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According to a report by U.K.-based security software and hardware company Sophos Group PLC, the rate of ransomware attacks has increased in South Africa, with 78% of organizations surveyed saying that they fell victim to ransomware attacks in 2022, Middle East Insurance Review reported. The report also found that 98% of organizations in the country have some form of cyber insurance, with 51% having cyber as part of a wider business policy and 47% having a standalone cyber policy.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms