The South African Banking Risk Information Centre (Sabric) confirmed that South Africa bank industry had experienced a series of Distributed Denial of Service attacks on banks. Sabric says that it’s not a hack or data breach so the questions is what is it and what’s the worst case scenario? CNBC Africa’s Karabo Letlhatlha spoke to Sabric acting CEO, Susan Potgieter for more.
Sabric reassures consumers as banks are hit by ransom attacks
PUBLISHED: Fri, 25 Oct 2019 15:20:16 GMT