Financial regulators publish cybersecurity standards

With an increasingly digitised financial services sector, cybersecurity risks are mushrooming daily–threatening companies and their clients.

In PWC’s 26th Annual Global CEO survey in 2023, cybercrime was seen as an equal threat to geopolitical conflicts over the next five years and a greater potential threat than climate change.

As Citywire wrote about here, Mimecast vice-president of sales engineering for Europe, Middle East and Africa, Brian Pinnock, said South Africa is particularly at risk of ‘the terrible trio’ – phishing, spoofing and ransomware.