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5 Key Risk Factors Driving Investor Decisions In South Africa In 2016

5 Key Risk Factors Driving Investor Decisions In South Africa In 2016

Image: dootrix
Image: dootrix

Risk 5: Cyber Vulnerabilities

South Africa is in no position to defend itself or its businesses against cyber crime. Last year, more than R2-billion ($130 million) was lost to cybercrime, making this a major criminal threat. In fact, South Africa is the most targeted country in Africa. Unless the government works with businesses to educate them, and initiates some kind of protection programme, it won’t make up the ground already lost against the hackers — leaving both companies and individuals vulnerable.