Delving Deeper into the Cyber Threats Faced by Sports Organizations: A South African Lens

In the second part of our series, we dive deeper into the cyber threats shadowing the sports sector in South Africa.

The Financial Motive Behind Cyber Attacks:

Cybercriminals, driven by financial incentives, target sports organizations for lucrative gains. The primary cyber threat comes from these criminals, leading to unauthorized access to email accounts, fraud, and ransomware issues.

Unpacking the Most Common Threats:

Among the myriad of threats, Business Email Compromise (BEC) stands out. It’s a sophisticated scam targeting businesses working with foreign suppliers and regularly performing wire transfer payments. Additionally, the rise of cyber-enabled fraud, such as mandate fraud and invoice fraud, poses significant risks.

Conclusion:

With a clearer understanding of the threats, our final article will offer insights and recommendations to fortify sports organizations against these cyber challenges. Join us as we chart a path towards a secure digital future in sports. For an in-depth exploration of these threats, refer to the NCSC report here.