Almost half of businesses in South Africa have reported increasing cyber attacks , according to a report for the country ’s Ombudsman for Financial Services by Mimecast and Vanson Bourne . The report said 45 % of firms reported an increase in the use of malicious links or attachments in the past year . Meanwhile impersonation frauds , involving cyber criminals launching websites for apparently legitimate companies , increased by 37 % . They need to make security awareness a part of their culture by implementing effective and consistent training. The South African Banking Risk Information Centre said South African consumers and companies lose ZAR2.2bn ( $ 300 million ) each year from fraud . The country is third in global rankings for cyber crime worldwide .
Almost half of businesses in South Africa have reported increasing cyber attacks , according to a report for the country ’s Ombudsman for Financial Services by Mimecast and Vanson Bourne . The report said 45 % of firms reported an increase in the use of malicious links or attachments in the past year . Meanwhile impersonation frauds , involving cyber criminals launching websites for apparently legitimate companies , increased by 37 % . The South African Banking Risk Information Centre said South African consumers and companies lose ZAR2.2bn ( $ 300 million ) each year from fraud . The country is third in global rankings for cyber crime worldwide .