SA ranks 14th globally in average cost of data breaches

South Africa's data breaches is costing the country billions. According to Allianz Commercial’s annual cyber risk outlook report, South Africa ranks 14th globally in the average cost of a data breach. Large cyber insurance claims rose by 14% in frequency and 17% in severity in the first half of 2024. #eNCA #DStv403 #questionthinkact FULL INTERVIEW HERE: https://www.enca.com/videos/discussion-sa-ranks-14th-globally-average-cost-data-breaches