Criminals nail government for R300 million in South Africa

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Criminals nail government for R300 million in South Africa
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Minister of Public Works and Infrastructure Dean Macpherson has revealed that the department has been a breeding ground for cybercrime.

The Department of Public Works and Infrastructure Minister Dean Macpherson has revealed a staggering cybercrime which involves R300 million being stolen in the past 10 years.This prompted a full forensic investigation by the Hawks, South African Police Services, the State Security Agency, and experts in the ICT and cyber security industry.

“I cannot discount the possibility of collusion between officials and criminals in this prolonged period of theft. It is clear that we need better financial controls which I have said to the department are a matter of urgency.” “The investigation will be expanded and deepened to find the masterminds and the beneficiaries of this grand theft, and I want to see them in prison.”Four officials have been suspended and 30 laptops seized by the investigators. The four DPWI officials suspended include three senior management officials and one middle management official.

The department identified the cyber-security vulnerabilities with the assistance of its banking partners, including ABSA and the South African Reserve Bank.Vulnerability and susceptibility to cybercrime of the ICT infrastructure within the department“I welcome the precautionary suspension of four individuals, including senior managers, and the seizure of over 30 laptops for further examination by the investigative teams. This will allow the investigations to proceed smoothly,” Macpherson said.

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