Retirement fund cyber wipeout likely

02 June 2019 - 00:08 By LAURA DU PREEZ

At least one South African retirement fund is likely to lose all its investments to cybercrime within the next five to 10 years if the industry does not address the high risk to cybersecurity it faces.

This is the view of Sanlam's retirement fund administration executives, and is echoed by the head of IT services at tax, advisory and auditing firm BDO...

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