Researchers at Kaspersky’s Security Services show that there are emerging cyber threats that large businesses and governments should prepare for.
As part of its latest Security Bulletin, the security services company said that hackers are repeatedly harming individuals and damaging corporations – and not just financially.
“This threatens not only personal privacy but companies’ reputations,” said the firm.
Emerging threats include cybercriminals using media to blackmail organisations, reporting alleged data leaks, and purchasing initial access to previously compromised companies on the darknet.
Other threats involve the rise of the Malware-as-a-Service model and attacks via the cloud.
The South African Banking Risk Information Centre (SABRIC) noted earlier in 2022 that there has been a concerning increase in cybercrime across the country.
According to estimates, South African businesses experience annual losses of around R250 million due to phishing attacks and internet fraud. On top of that, the South African Reserve Bank (SARB) has identified cybercrime and the increasing use of new technologies as growing threats to the country’s banking industry.
Kaspersky said the following would be relevant to big business and the government sector this year:
Corporate emails at risk
Experts expect data leaks to be more personal in 2023, putting the individual’s privacy or corporate cybersecurity at risk.
“People often use work email addresses to register with…
