Cyber insurance may have benefits, but it won’t get your stolen data back

Identity theft is by no means a new phenomenon, but it has evolved in recent years, and a new type, known as synthetic identity fraud, has become more prevalent says Simeon Tassev, MD & QSA at Galix Networking.

Users aren't quite keeping pace with either cybercrime or technology says Simeon Tassev, Managing Director and Qualified Security Assessor at Galix Networking.

Compliance is critical and starting with a partner makes it easier says Simeon Tassev, Managing Director and QSA at Galix Networking.

Not all businesses have paired Governance, Risk and Compliance with cybersecurity yet says Simeon Tassev, Managing Director and Qualified Security Assessor at Galix Networking.

Simeon Tassev, Managing Director and QSA at Galix Networking says businesses, especially medium-to-large size corporates, who have not yet begun the compliancy journey are already on the back foot.

Simeon Tassev, Managing Director and QSA at Galix Networking says in an environment where malware can be introduced on any devices, businesses cannot afford not to be fully cognisant of everything that touches their network.

Simeon Tassev, Managing Director and QSA, Galix Networking says by utilising automated systems with intelligence, it is possible to minimise the amount of input needed from a security specialist.

It is likely that crime syndicates will find increasingly creative ways to infiltrate South African businesses says Simeon Tassev, MD and QSA at Galix Networking.

Companies not doing enough to protect themselves and employees from the risks in cyber space.