UPDATE: Hackers who breached South Africa’s companies database say it’s much worse than anyone knows

Loading player...
GUEST – Jan Vermuelen, mybroadband editor


A ransomware gang claiming responsibility for the Companies and Intellectual Property Commission (CIPC)
hack says they’ve had access to the agency’s systems since 2021. The CIPC is an agency inside the Department of Trade, Industry, and Competition where companies, co-operatives, and intellectual property is registered.

The hackers contacted MyBroadband after the CIPC issued a press statement on Friday claiming that its “firewall
and data protection systems” helped mitigate a recent data breach. According to one of the group’s representatives, this is completely false. They said the CIPC has tried to cover up the fact that it was breached almost three years ago and did nothing to address
its weak security.
11 Mar 2024 4PM English South Africa Business News · Investing

Other recent episodes

Can You Trust AI for High-Stakes Decisions?

Should you rely on AI for critical legal or financial choices? My AI Lawyer Head of Services Michael Visser joins Nzinga Qunta to unpack how specialized AI acts as an affordable starting point to navigate your rights before paying for professional advice.
5 Nov 1PM 13 min

How to Invest in Banana Trees

Expanding beyond traditional livestock, crowdfarming is now giving everyday South Africans direct access to plant-based farm assets. Ntuthuko Shezi breaks down the mechanics of banana tree investments, harvest yield returns, and risk management for retail investors looking to grow real farm wealth.
5 Nov 1PM 15 min

FlySafair’s R7bn Deal Approved

Following the Competition Tribunal’s approval of Harith’s takeover of FlySafair, aviation analyst Guy Leitch joins KayBiz to unpack market concentration, cross-ownership with Lanseria Airport, and the impact on domestic ticket prices.
5 Nov 12PM 8 min

Reshaping Philanthropy

Operating globally, the Black Feminist Fund is challenging traditional donor models. We unpack how flexible core funding and participatory grantmaking shift capital and long-term institutional power directly to grassroots movements.
5 Nov 12PM 16 min