Cyber Risk is VUCA!

by Timothy Pretorius | May 13, 2024

VUCA means environments or systems that are Volatile, Uncertain, Complex and Ambiguous

From an alarming report by SABRIC, it is clear that cyber risk and crime is on the rise.

The recent CIPC hack, as a stark reminder of the potential risks and vulnerabilities businesses face in cyberspace.

According to Cliffedekker Hofmeyr the perpetrators boasted of using the same method three years ago…

Here are some characteristics which make cyber risk VUCA

Volatile

Cyberattacks can spike suddenly, causing significant disruptions to operations and leading to financial losses and reputational damage.

Uncertain

The constantly evolving nature of cyber threats makes it challenging to predict when and how an attack may occur.

Complex

Cyber risk management involves navigating intricate networks, diverse attack vectors, and sophisticated tactics employed by threat actors.

Ambiguous

Identifying the source and motive behind cyberattacks can be murky, making it difficult to formulate effective response strategies.

So, what can we do?

The UK National Cyber Security Centre have 10 Steps to Cyber Security HERE

Professional Services help from Wolfpack can be found HERE

Additionally, your organization can follow good principles such as:

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For the SABRIC Crime Stats Report see HERE

For the 2024 Cliffedekker Hofmeyr article on the CIPC hack go HERE

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One more thing,

At Pfortner, we take Information security seriously.

We encrypt email, messaging and network communications to provide our clientele with uncompromised privacy.

If you need to protect sensitive communications, please see www.pfortner.co.za

Or send a blank email to info@pfortner.co.za , and we will get back to you.