Wolfpack Information Risk

The Wolf Howl May 2024 Edition – X Marks the Spot for the 2024 SA Elections

Wolfpack Information Risk provides specialist information and cyber threat consulting, training, awareness and incident support services to African governments and organisations.

Mission: We are passionate defenders of communities, companies, and countries against cyber threats.

Vision: Wolfpack will be the catalyst that drives the greatest positive cybersecurity impact on the African continent.

Greetings Cyberwolves

Welcome to the May edition of “The Wolf Howl”.

As we watched the recent South African elections unfold, we drew inspiration from the democratic principles of transparency, accountability, and strategic foresight. These principles are not only essential for a healthy democracy but also for a secure and thriving business environment and are the same principles that drive our consulting practices at Wolfpack.

Data privacy and information security were the central themes in all political communications and corporate strategies. Just as voters strive for transparency and accountability from their leaders, companies demanded visibility to safeguard their data and systems against these cyber threats. This highlights the crucial role that information integrity plays in shaping our future.

The surge of fake news and misinformation during this election period has highlighted the importance of robust cybersecurity measures and vigilant information management. At Wolfpack, we are aware of the challenges and the impact they have on public perception. Our team is dedicated to strengthening and safeguarding your information and protecting your data integrity and privacy in data-sensitive environments. We are committed to helping our country, company, and community navigate these challenges with expertise and integrity during the election process.

Thank you for your vote of confidence on this journey towards a more informed and strategically aligned future.

Yours Securely

Thank you to all who joined the “Ensuring Cyber Safety” webinar. 

Those who missed it or wish to revisit the discussion can access the webinar on-demand by clicking HERE

The next webinar, Cybersecurity and Resilience Requirements Joint Standard, will be held on the 25th of July 2024 at 09:00 am

The pending Joint Standard on Cybersecurity and Cyber Resilience Requirements released by the Financial Sector Conduct Authority (FSCA) and the South African Reserve Bank (SARB) requires financial institutions to reach compliance by December 2024. This new requirement will be in addition to other auditing and compliance requirements. 

Join us for an impactful webinar to find out how you will be able to master and reach compliance quickly and effectively! Hear from our Wolfpack and Arctic Wolf experts on the best-of-breed approaches you should take to ensure compliance. REGISTER HERE to understand the Joint Standard on Cybersecurity and Cyber Resilience

Europe and the United States have separately announced major takedowns of cybercrime networks that defrauded people of billions. 

Cybercriminals use botnets to take over people’s computers and install malicious software. The US Department of Justice (DoJ) and Europol claimed their operations were the biggest bust of a “botnet” in the world.

Interpol has released its African Cyberthreat Assessment Report for 2024, which shows how ransomware, catfishing, and sextortion scams have emerged as significant threats to African individuals and organisations.

The report was created based on operational data from Interpol’s activities on the continent and a survey covering 40 African countries.

Join us in congratulating Professor Basie von Solms from the University of Johannesburg (UJ), who has recently been recognised as one of the top cybersecurity researchers globally.

Prof von Solms has dedicated 50 years to studying and teaching Information and Cybersecurity.  He has been ranked number 5 worldwide for his lifetime contributions to the field. This ranking by ScholarGPS reflects the significant impact and breadth of his research over the decades.

Cloudflare translates photos of 100 lava lamps into random data for use in SSL encryption.

Randomness is essential for secure encryption. Each new key that a computer uses to encrypt data must be genuinely random so that an attacker won’t be able to figure out the key and decrypt the data. However, computers are designed to provide predictable, logical outputs based on a given input. They are not intended to produce the random data needed to create unpredictable encryption keys.

Similar to a construction project, using generative AI in the workplace should adhere to robust guardrails. Just as building an office tower or apartment complex adheres to building codes to be safe, secure, dependable, and robust, organisations that want to use AI in a safe, secure, dependable, and robust way should devise their own “building code” for gen AI through an internal Acceptable Use Policy (AUP).

The Adventures of CISO Ed & Co attempts to highlight the everyday frustrations, heroism, and insights of CISOs and infosec teams while bringing some fun to the serious business of cybersecurity. We hope CISO Ed & Co. brings a grin as you  go about your day. Compliments of Balbix

Amid an increased focus on the importance of ethical practice in IT among members of the professional ICT community, the Institute of Information Technology Professionals South Africa (IITPSA) has released a short video to illustrate the importance of ethics in ICT.

“The IITPSA Code of Ethics asks IT professionals to pause and reflect, engaging with stakeholders whenever possible, to ensure that the design, development and deployment of their crucial work is done responsibly and respectfully. With this video, we aim to raise awareness of the Code and initiate conversations about what applying its principles means for daily IT practice.”

Bryan Baxter, IITPSA SIGCyber committee member and CRO Sales of Wolfpack Information Risk, comments: “I embrace the use of AI and see it as augmenting my work, helping me to be more effective. These new technologies provide many opportunities. Good work on their ethical adoption is being done by technology giants and leading organisations. One example is The Organisation for Economic Cooperation and Development.”

The Protection in the Pack Series is a practical guide to protecting yourself in the digital age. 

Just as it is essential to learn how to defend against an attacker in the physical realm, we need to learn similar survival skills with our growing dependence on the digital realm. We cover various topics, from basic cyber hygiene practices to advanced techniques to equip you with the knowledge and tools necessary to protect yourself, your family and your organisation.

It only takes one click. 

According to Interpol, South Africa has the third-highest cybercrime victims worldwide. The human factor accounts for over 90% of security breaches. Attackers only need to succeed once to launch broader attacks. 

Wolfpack is partnering with Keepnet Labs to deliver cost-effective cybersecurity human risk awareness training. We aim to help customers improve their security culture and positively influence end-user behaviour to reduce cybersecurity risk.

Once You Leap Forward, You Won’t Go Back. 

Small and medium businesses are at a greater risk of falling victim to cyber-attacks, yet most cybersecurity software is designed for large organisations. In the last year, 65% of small and medium-sized businesses and enterprises have experienced a cyberattack. Regulatory demands and cyber insurance requirements have never been more stringent. 

Cynomi Virtual CISO Services empower you with CISO expertise, strategic guidance and proactive management without the CISO expense.

Please share this newsletter if you have benefited from the content.

We look forward to hearing from you.

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