Exposed: The modus operandi of SA’s cyber crime cartels…

Loading player...
The chilling methods of South Africa’s cyber crime cartels and cyber criminals are laid bare by Tiaan Lombard, a cybersecurity and intelligence expert. Speaking to BizNews, he says: “If I want to gain access to, let's call it a banking system or a judicial system, whatever the case may be, it's a matter of entering into the bank, leaving a flash drive in the toilets with a key holder and a couple of keys on it that not identifies me and somebody somewhere is going to pick that device up and stick it into their computer. And at that moment, you are compromised.” He says such devices can be ordered online to commit cyber crimes. “These are done by highly, highly skilled, organised cartels that know that South Africa does not have the ability to stop this..”
28 Aug 2024 6AM English South Africa Investing · Business News

Other recent episodes

Joburg audit setback exposes R9.5bn bad debt burden

Johannesburg’s financial crisis is deepening, with the Auditor-General revealing R9.5 billion in losses driven largely by electricity theft, water leaks and weak governance. An infrastructure backlog now estimated at R200 billion threatens service delivery in South Africa’s economic powerhouse. Analysts warn that years of poor oversight, mounting debt and a…
5 Jun 5AM 7 min

Ebola outbreak in DRC grabs global attention - perfect storm of war, fear, and disease

John McDermott explores the unfolding Ebola outbreak in eastern Democratic Republic of Congo, unpacking how transmission occurs, why the crisis is spreading, and what makes this strain particularly dangerous. He examines strained health systems, limited aid funding, and the challenge of vaccine development. The discussion situates the outbreak within broader…
4 Jun 7AM 26 min

Athol Trollip: Government’s FMD response is a “national disaster”

Athol Trollip delivers a blistering critique of South Africa’s handling of the foot-and-mouth disease crisis, arguing that government bureaucracy and a state-controlled vaccination strategy are failing farmers and allowing the outbreak to spread. Drawing on decades of farming experience, the ActionSA parliamentary leader says commercial farmers should be empowered to…
4 Jun 4AM 32 min