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Home Cybercrime

Hackers breach SA’s corporate registration

Modupeoluwa Olalere by Modupeoluwa Olalere
March 4, 2024
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The South African Companies and Intellectual Property Commission (CIPC), responsible for business registration and IP protection, reported a cyberattack on February 29th that let clients’ and workers’ information slip. As soon as the breach was discovered, specific CIPC platforms were shut down to limit potential damage.

The agency said that current investigations would soon find out how much information was lost and share that information with the public. When founded in 2008, the CIPC took care of the records of millions of South African businesses. Its job is to make sure that Company and Intellectual Property Laws are followed and to make business easier.

Read also: Lapsus$ Hackers Group Leak nearly 200 Gigabytes of Samsung Source Code In Cyber Attack

The breach makes people worry that the names, addresses, and contact information of directors, owners, and copyright and trademark holders could be made public. Clients who were affected were told by CIPC to keep a close eye on their credit card transactions and only authorise requests that they knew were real.

The agency regretted the security breach and worked to minimise client and employee impact. This incident is part of a more significant cyber threat trend facing the Department of Defence, the Western Cape Provincial Parliament, the Council for Scientific and Industrial Research, and President Cyril Ramaphosa.

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According to Section 22 of the Protection of Personal Information Act, 4 of 2013, CIPC’s media release was compliant. It described ICT and information security teams’ immediate responses, isolation, and confinement. The announcement warned affected clients to be cautious with financial transactions during the inquiry.

CIPC’s Chief Strategy Executive, Mr. Lungile Dukwana, apologised for any inconvenience and assured stakeholders that all systems and platforms are being secured against unauthorised access.

Hackers Send Fake, Data Breaches Notifications To Trezor Users

Concerns and Risks After CIPC’s Cybersecurity Breach

CIPC’s media statement transparency shows responsibility and proactive communication. Further inquiry and action may be needed to resolve regulatory concerns and ensure data protection law compliance, particularly the Protection of Personal Information Act.

As the inquiry continues, concerned clients and staff may seek an explanation and resolution from the regulator, which could lead to enforcement measures. The Cybercrimes Act requires law enforcement cooperation to find perpetrators and preserve evidence for criminal procedures.

Businesses and individuals can reduce data breach risks by remaining updated about CIPC’s response, addressing disputes with the authority, and improving cybersecurity.

Given the changing cybersecurity landscape, organisations and people must be aware and take preventive steps to secure personal data and prevent attacks. To protect data and fight cyberattacks, government, corporate, and public collaboration is essential.

Tags: Hackers
Modupeoluwa Olalere

Modupeoluwa Olalere

Modupe is a tech content writer with 3+ years of experience turning complex ideas into clear, engaging stories. She covers innovation, digital trends, and emerging technologies. When she’s not writing, she’s exploring new tools or tracking trends shaping Africa’s tech ecosystem.

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