Tag Archives | Banks

Cyber risk

Cyber attacks on banks – No threat to customers

SABRIC, the South African Banking Risk Information Centre, last week confirmed that the banking industry has been hit by a wave of ransom driven Distributed Denial of Service (DDoS) attacks, targeting various public-facing services across multiple banks. A DDoS attack is an attempt by criminals to crash a website by overwhelming it with a flood […]

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South African best banks – Digital agility key to success

Forbes recently partnered with market research firm Statista to measure the best banks in nearly two dozen countries, including South Africa. The banks were rated on overall recommendation and satisfaction, as well as five sub dimensions, namely trust, terms and conditions, customer services, digital services and financial advice. Between 5 and 60 banks were identified […]

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