Hackers hit Momentum Metropolitan

Business Insider US
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  • Momentum Metropolitan warned on Monday that hackers accessed data at one of its subsidiaries.
  • Administrative and financial data were stolen, but it doesn't look as if client information was accessed. 
  • Life Healthcare was hit by hackers in June, while Liberty and the banks were affected in recent years.
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Momentum Metropolitan warned on Monday that hackers accessed data at one of its subsidiaries.

Its investigations so far show that the hackers did not steal client information.

“Information accessed contains administrative and financial data that is not expected to prejudice any stakeholders of the Group,” the company said.

The data breach on its network happened on Thursday.  It says that its IT teams are now working “non-stop” to ensure that service to clients remains unaffected.

In June, Life Healthcare, which has 66 hospitals in South Africa, was hit by a "criminal attack" on its IT systems.

In 2018, hackers seized data from the insurance company Liberty Holdings, demanding money for the return of the information.

Last year, a ransomware attack paralysed Johannesburg agency City Power’s systemswhile the City of Johannesburg itself was hit by a group who called themselves the Shadow Kill Hackers demanding a ransom payment in bitcoin. Shortly thereafter, hackers launched distributed denial of service (DDoS) attacks on the local banks, flooding them with fake traffic. The criminals also demanded a ransom.

South Africa had the third-highest number of cybercrime victims of any country in 2019, a new report by consultancy Accenture shows.

READ | Hackers on the dark web love South Africa - here's why we suffer 577 attacks per hour

This was due in part to the rapid increase in people using banking apps, which are often targeted by hackers. Fraud via mobile banking applications doubled in a year, contributing to the R2.2 billion in losses due to cyber attacks in South Africa.

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