Cybercrime becoming a major threat in South Africa

The US Federal Bureau of Investigation has ranked South Africa sixth and seventh on the cybercrime predator list, which means that there is an increasing amount of fraud being perpetrated from the country, says computer forensics company Cyanre CEO Danny Myburgh. Speaking at the ninth Chartered Secretaries Southern Africa Premier Corporate Governance conference in Johannesburg on Tuesday, Myburgh noted that cybercrime was becoming a major problem in South Africa. “It seems as if boards and non-information technology (IT) people are realising that cybercrime can totally devastate an organisation,” he said. Myburgh highlighted three types of illegal cyber activities, namely cybercrime, cyberwarfare and cyberterrorism and that, in terms of the latter two, South Africa was not that high on the threat list, he said.