Data leaks and threats initiated by malicious employees increased at nearly a quarter of SA firms.*
Successful phishing attacks that begin with email, making it the single biggest threat vector to organisations and their data.*
Human error plays a role in 40% of all global data breaches.**
Average cost of a data breach in South Africa.**
Maximum financial penalty for non-compliance to POPIA in South Africa.
** IBM/Poneman Institute: Cost of a Data Breach Report 2020
*Mimecast’s State of Email Security Report 2020
Solutions like Mimecast enable organisations to become POPIA compliant in several ways, but there are many other aspects organisations need to take care of to be fully compliant. No single solution can offer full compliance.
The whole of POPIA is already in force, but there is a suspension on the enforcement of POPIA regulations until 1 July 2021.
The penalties alone can be a maximum of R10million, but that could be increased. Civil suits and criminal penalties could greatly increase damages for non-compliant organisations.
It is against public policy to insure against your own intentional conduct. Insurers will look carefully at what their cyber insurance policies cover.
Exfiltration of data is not the only form of data breach. Any unauthorised access of personal information - including information being encrypted during the course of ransomware attack - qualifies as a data breach.
Under POPIA, organisations must have measures in place to prevent data breaches from occurring. Based on current evidence, the likelihood of an organisation suffering a breach is high. The measures they put in place can greatly mitigate penalties in the event of a breach.
Real-time information on compliance-related aspects.
Identify what data should and should not be required.
Send large amounts of data in an auditable format.
Keep companies safe from the most common attack vectors like email and web.
A perpetual and tamper-proof data archive.
Protects against accidental or intentional data loss.
Transmits information securely between businesses and third parties.
J2 is a committed partner to organisations and their efforts in becoming POPIA compliant, offering a portfolio of cyber resilience solutions that can keep customers and data safe from cyber threats.
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