Only 4% of surveyed organisations reported no cyberattacks

September 2024 News & Events, Information Security


As cyber threats escalate in frequency and sophistication, new research reveals an alarmingly high rate of security incidents over the past year. Experts point to insufficient awareness and qualified professionals as key contributing factors.

Fortinet conducted extensive research for its 2024 Cybersecurity Skills Gap Global Research Report. The study surveyed 1850 IT and cybersecurity decision-makers across 29 countries, including South Africa. While the report focuses on global trends, the data collected specifically from South African respondents reveals a concerning picture of the nation’s cybersecurity preparedness and resilience.

According to the South African data, only 4% of surveyed organisations reported no cyberattacks in the last 12 months. A staggering 50% suffered up to four attacks, while 10% experienced nine or more. The financial impact of these breaches has been severe, with 39% of South African respondents reporting losses exceeding $1 million, and at least one organisation suffering a loss of over $6 million.

Julie Noizeux, Channel Manager at Fortinet South Africa, says the high incidence of attacks is cause for concern. “Clearly, South Africa is a prime target for attacks, yet globally, we are lagging in terms of cybersecurity investments.”


Julie Noizeux.

Skills paradox

The research reveals a complex skills scenario. 60% of South African respondents believed attacks were due to a lack of in-house cybersecurity skills or trained IT/security staff, while 58% attributed attacks to a lack of cybersecurity awareness. Paradoxically, only 36% indicated struggles with recruiting cybersecurity talent, and a mere 28% reported challenges with retention.

According to Noizeux, cybersecurity skills are in short supply globally. In South Africa, companies face the added challenge of the brain-drain of skilled professionals seeking better opportunities abroad.

“I work with organisations that continuously struggle to find talent,” she says. However, some are getting creative, countering the skills gap using partners and advanced technology. At the same time, they are working hard to keep their top talent happy with attractive pay and perks.

“One way to secure the organisation with limited in-house skills is to leverage channel partners and companies to whom they can outsource cybersecurity services. We see growth in the number of organisations using managed security service providers who offer the full security stack and management of the environment.”

A platform approach

Advanced technologies offer another avenue for organisations grappling with skills shortages. Noizeux advocates for a unified cybersecurity approach. “By leveraging a unified cybersecurity fabric or platform that connects with multiple products, organisations can achieve a unified view of the entire environment, achieving consistent policies, management and control.”

This approach can streamline operations by reducing the number of different technologies staff need to master, potentially allowing for more efficient use of human resources. “Machine learning and AI are increasingly taking on complex cybersecurity tasks. These technologies can automate threat detection and response, which helps reduce the burden on staff for routine, manual processes.”

“Upskilling existing staff is a key strategy to address the skills shortage,” says Noizeux. “At Fortinet, we practice what we preach. We hire candidates who meet most of our criteria, then create personalised development plans to help them gain the necessary certifications and qualifications.”

Fortinet is also tackling the skills gap on a broader scale. The company offers free cybersecurity training and has set an ambitious goal to train one million people in cybersecurity skills by 2026. Addressing broader staff cybersecurity awareness gaps is crucial for reducing risk. It should be mandatory for staff to do cybersecurity awareness training as a continuous repeated exercise because the threats are changing continually.

Raising cyber awareness at the grass-roots level

Looking to the future, Noizeux believes cybersecurity education should start early. “The sooner we educate kids, the more valuable it will be for them in their personal and professional lives in the future.”

Fortinet is taking steps in this direction with its local Academic Partner Programme, which works with higher education institutions and schools around the world to help learners become part of an elite group of skilled cybersecurity professionals. It also has initiatives such as a local women’s employee resource group for cybersecurity in South Africa, aimed at raising awareness and inspiring girls to consider careers in the field.

As South Africa continues to face cybersecurity challenges, a multi-faceted approach combining skills development, outsourcing, advanced technologies, and early education may be key to bridging the cybersecurity skills gap and strengthening the nation’s digital defences.




Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Protect the integrity of critical video evidence
Surveillance News & Events
SWEAR has announced the Community Video Integrity Project, a new initiative designed to help cities and public agencies proactively protect the integrity of critical video and establish a verifiable record of authenticity from the moment it is captured.

Read more...
Keenfinity creates two security businesses
News & Events Access Control & Identity Management Perimeter Security, Alarms & Intruder Detection
The Keenfinity Group, today announced the creation of two dedicated businesses from its former Intrusion & Access portfolio. Radionix will focus exclusively on intrusion alarm systems, while MiCOS will become a dedicated access control company.

Read more...
Genetec global leader in video management software
Genetec News & Events Surveillance
Independent analyst firms rank Genetec as global leader in video management software. Research shows continued market share gains for Genetec as both the VMS and VSaaS markets continue to expand worldwide.

Read more...
DeepAlert Launches COMMAND
News & Events Surveillance
Cloud-based, AI-powered surveillance monitoring platform cuts operator alert fatigue and response times, and becomes DeepAlert's primary monitoring platform for security companies and control rooms worldwide.

Read more...
ONVIF strengthens authenticity of video surveillance footage
Surveillance News & Events
Amid a rising tide of manipulated and AI-generated footage, the add-on will equip the surveillance industry with a shared, standards-based way to establish where video came from and whether it has remained unaltered.

Read more...
Security has an identity problem
Access Control & Identity Management Information Security
Cybersecurity discussions have mainly focused on defence, including stronger firewalls, tighter network controls, and better endpoint security. However, in today's world, those traditional defences have become less relevant.

Read more...
Detect procurement fraud before losses escalate
Security Services & Risk Management News & Events Financial (Industry) Editor's Choice
Organisations need to move procurement fraud prevention closer to the point where suspicious activity occurs, rather than relying primarily on investigations after money has already been lost, according to SAS and FACTS Consulting.

Read more...
Modernising ‘smart’ ports
IoT & Automation Information Security Transport (Industry) Logistics (Industry)
A modern port is part of a much larger digital trade ecosystem where all systems need to work together. If one part of that ecosystem is disrupted, the impact can quickly move through the supply chain.

Read more...
Integrating the industry
News & Events Infrastructure
With private security, neighbourhood watches, CCTV, drones, control rooms and community safety networks expanding across the country, the next frontier may not be more technology, but connecting what already exists.

Read more...
Reinventing cybersecurity
NEC XON News & Events Information Security Commercial (Industry)
NEC XON helps a workforce solutions leader reinvent cybersecurity with an AI-enhanced XDR solution to keep pace with increasingly devious cyberattack techniques, including fileless malware, lateral movement, and credential misuse.

Read more...










While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.




© Technews Publishing (Pty) Ltd. | All Rights Reserved.