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As South Africa navigates the third wave, the nation is once again beset by the economic impact of Covid-19. A sluggish economy, job losses and record high levels of unemployment have set many South Africans on the entrepreneurial path of self-employment or looking to other avenues to earn additional income, like starting their own side hustle. ....
Cyberattacks, fraud, phishing, breaches and hacks have increased in sophistication, focus and capability, says an expert. Criminals are becoming much more focused - instead of distributing encrypted files widely, they pick a target and find out all they can about that target. In SA half of all companies surveyed suffered a ransomware attack in the past year, which led to an average of seven days of downtime. Consumers must remain vigilant when it comes to their online activities if they are to keep themselves safe from the growing threat of cyberattacks - especially as criminals become more focused and sophisticated. ....
Net wealth of South African households increased last year iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
Mar 3, 2021 More often than not, it takes a tragedy or sudden uncertainty for us to realise we may not be adequately prepared to cope financially. This is one of the conclusions from the latest Momentum UNISA Household Financial Wellness Insights Report, which highlights how Covid-19 and lockdowns provided a financial wake-up call for many South Africans. “The hard lockdown was a splash of cold water for many South Africans,” says Janine Horn, financial planner at Momentum. “The analysis shows that households’ interest in certain financial activities like financial planning only increased when they realised that they were facing an event beyond their control or one which they might not have provided for sufficiently. ....