Despite this, only 29% of SA organisations expect to increase their cyber budget by 6% to 10% in 2025, according to the latest findings in the report.
The report shows that 66% of SA organisations prioritise mitigating cyber risks, which is higher than the global average of 57%.
This proactive stance towards cyber risk mitigation reflects heightened vigilance and a commitment to addressing the growing threat landscape.
Hamil Bhoora, PwC Africa cybersecurity leader, said the survey provided critical insights into the cybersecurity landscape in Africa and highlighted the urgent need for robust cyber risk mitigation strategies.
This story is from the November 23, 2024 edition of The Citizen.
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This story is from the November 23, 2024 edition of The Citizen.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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