| | SEPTEMBER 20224 Vol 04 · Issue 5 - 1 · September, 2022 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Manager - DesignPrabhu Dutta A.R.N RayNoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comTo subscribeVisit www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comMagazine Price is Rs.150 per issue.Editor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of InfoConnect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2022 InfoConnect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Senior Designer Girish M Amit VermaVP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial Keerthana Kantharaj Sthitaprajnya Panigrahi Roopalatha H Tanuja Akkanavar Shirly Pabisha TThe tailwind to the digital economy was a rare silver lining to the pandemic. But the digital boom had a hefty price to pay- a whole new world of cyberattacks. In Q1 of 2020, Amazon Web Services (AWS) reported the largest ever Distributed Denial of Service (DDoS) attack. In one of the recent reports, Nvidia, the world's largest semiconductor chip company, was compromised by a ransomware attack. The company confirmed that the threat actor had started leaking employee credentials and proprietary information online.South Africa was one of the countries severely hit by the pandemic. The country's cybersecurity infrastructure was also tested vigorously since the pandemic began. Last month, the first reports emerged that Transnet, a state-owned enterprise, was experiencing issues with its IT networks. Transnet manages the nation's rail, port, and pipeline infrastructure. The disruption primarily affected operations in several container terminals, interrupting cargo movement. A few days later, Transnet confirmed it had suffered a cyberattack.Given the flaring amount of cyberattacks, it's high time the country coordinates its efforts. It's a great omen that South Africa's Information Regulator published a notification template and guidance to facilitate reporting security compromises in section 22 of the Protection of Personal Information Act (POPIA). According to the notification, the organizations must notify data subjects and the Information Regulator as soon as an unauthorized party has unlawfully accessed or acquired personal information. The Information Regulator is empowered to investigate such incidents. This will significantly help the businesses in the country coordinate their fight against cyberattacks.Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comJoin the Cyber Defense PartyEditorial
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