Cybercriminals are targeting the world’s wealthy: here’s how to protect yourself

SPONSORED | Cybercrime is increasingly affecting wealthy individuals and family offices, both in SA and around the world. What can you do to protect yourself? A StandardBankZA cybersecurity expert shares the information you need.

A Standard Bank cybercrime expert shares tips and techniques for making sure you don’t fall prey to online fraudSA is one of the top three destinations worldwide for phishing-related attacks so remain vigilant when you receive emails or SMSs containing links.There has been a staggering rise in the number of cyberattacks globally in recent years, and particularly since the outbreak of Covid-19.

These criminals can also gain access to personal or confidential information through phishing requests via apparently legitimate emails. These messages ask the receivers to click on a link that directs them to a spoofed website requesting confidential information, or to download an attachment that lets malware extract their banking credentials.

Because SA is one of the top three destinations worldwide for phishing-related attacks, says Hinds, Standard Bank encourages its clients to remain vigilant when they receive emails or SMSs containing links, or when they are downloading apps.Amid the proliferation of online crime, governments have had to act swiftly — but they often lack the required technologies or processes. They are, however, strengthening their stance through the introduction of data-privacy and cybersecurity legislation.

Alternatively, password managers can generate a strong password that you do not need to remember. And never write your password down.

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