South Africa’s Cybercrimes Act passed in May 2021 but has yet to come into force. The law creates new criminal offences for many cyber crimes, including hacking, ransomware, and cyber forgery.
But while the Cybercrimes Act will give police new powers to tackle online crime, it’s not only law enforcement that will be impacted. The law also imposes compliance and reporting obligations on certain private sector firms, too. There’s still time to prepare before the Cybercrimes Act takes effect.
PrivSec South Africa will explore how the Cybercrimes Act will impact the country’s private sector—and identify the steps businesses must take to prepare for enforcement.
The first day of #RISK London, the UK’s premier risk focused conference, brought together thousands of professionals from the fields of governance, risk, compliance, privacy, security, RegTech, and AI for insightful discussions, networking opportunities, and expert presentations.
The digital age has ushered in an era of unprecedented opportunity and complexity. Businesses leverage cutting-edge technologies to thrive, but these advancements also create a dynamic risk landscape. Protecting valuable assets, navigating evolving regulations, and staying ahead of cyber threats are critical challenges for today’s organisations.
The financial services industry is the lifeblood of a thriving economy. It facilitates vital transactions, fuels innovation, and underpins growth. However, this complex landscape is also inherently risky. Fraud, cyber threats, regulatory changes, and market volatility are just some of the challenges institutions face.
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