The Companies and Intellectual Property Commission (CIPC) has published a document about its view of the cyber security landscape and what it is doing in this regards.
The document was presented during a Companies Liaison Committee (CLC) meeting on November 10, in which it also explains its definitions of cyber security and attacks. The definitions are as follows:
• Cyber security is the state of being protected against the criminal or unauthorized use of electronic data,or the measures taken to achieve this.
• Cyber security consists of technologies, processes and measures that are designed to protect systems, networks and data from cyber crimes.
• Effective cyber security reduces the risk of a cyber attack and protects CIPC from the deliberate exploitation of systems, networks and technologies.
• Cyber attacks come in various forms and are designed to not only target technological weaknesses(for instance, outdated software) but also exploit people(for instance, uninformed employees who click on malicious links) and a lack of effective organisational processes and procedures.
The4 CIPC says it has successfully detected and blocked 2 112 958 hacking attempts.
Download the document here: Client Liason Commitee_Cyber_Security Presentation_on_10_November 2017