Successful ransomware attacks exploit vulnerabilities in operating systems.
Rewards programmes are a ripe picking ground for cyber crooks because they are often less secure, the company says.
Security is now a significant function, and SRM leaders have to guard against cyber attacks and tougher regulations.
Companies should adopt a multi-layered approach to prevent fraud, says TransUnion.
Most organisations in South Africa are not prepared for a malware attack.
The business and professional services sector has received a significant increase of attacks, particularly in the EMEA region, says a Dimension Data report.
To defeat multi-vector and multi-staged attacks, companies need an integrated architectural approach, says Cisco's John Maynard.
Exploits are widely used by cyber criminals looking for profit, as well as by sophisticated nation-backed state actors, says Kaspersky Lab.
The company has had several issues with the US government, due to its Russian origins.
Companies must focus on knowing where their data is, who has access to it and implementing appropriate technical and organisational security controls, the company says.
A quarter of all companies expect cyber crime disruption in the next two years, a PwC survey reveals.
Thycotic, a provider of privileged access management (PAM) solutions for more than 7,500 organisations worldwide.