HomeSecurity ArchitectureHackers steal R300m from public works dept over 10 years, according to...

Hackers steal R300m from public works dept over 10 years, according to new minister Dean Macpherson

Published on

spot_img
Hackers steal R300m from public works dept over 10 years, according to new minister Dean Macpherson

In a shocking revelation, it has been reported that cybercriminals, believed to be working in cahoots with state officials, have managed to siphon off a staggering R300 million from the Department of Public Works and Infrastructure (DPWI) in a series of attacks spanning a decade. This brazen act of corruption has left the department reeling and exposed glaring vulnerabilities in its security systems.

The new Minister of Public Works and Infrastructure, Dean Macpherson, expressed his dismay at the extent of the theft, labeling the department as a “soft target” for cyber attackers. The gravity of the situation came to light as Macpherson and deputy minister Sihle Zikalala were conducting routine assessments of the department’s operations. It was during this process that the scale of the cyber theft came to the forefront, painting a grim picture of systemic failure within the DPWI.

Following the discovery of the theft, investigators seized 30 departmental laptops and suspended three senior management officials, along with an individual in a middle management position. The heist that raised the alarm bells occurred in May, resulting in the loss of R24 million from the department’s coffers. This incident proved to be the tipping point, prompting a comprehensive forensic investigation by authorities, including the Hawks, the South African Police Service, State Security Agency, and IT experts, under the directive of former DPWI minister Zikalala.

Minister Macpherson minced no words in condemning the collusion between cybercriminals and departmental insiders, hinting at a deep-rooted syndicate operating within the corridors of power. He vowed to crack down on these nefarious elements and ensure that justice is served. The diverted funds, amounting to R300 million, could have been instrumental in driving the department’s infrastructure projects aimed at improving the lives of South Africans. The brazen nature of the theft highlights the brazen disregard for ethical norms and the rule of law, underscoring the need for stringent measures to prevent such incidents in the future.

The DPWI’s vulnerability to cyber attacks raises serious questions about the efficacy of its security protocols and underscores the pressing need for a comprehensive overhaul of its IT infrastructure. As the investigations continue and the perpetrators are brought to light, the department faces a long road to recovery and redemption. The stolen funds, meant for public welfare and infrastructure development, serve as a stark reminder of the consequences of institutional negligence and corruption.

In the wake of this scandal, Minister Macpherson has reassured the public of his commitment to transparency and accountability, vowing to root out corruption and restore faith in the DPWI. The road ahead may be fraught with challenges, but with determination and diligence, the department can emerge stronger and more resilient against future cyber threats. The R300 million heist stands as a cautionary tale of the perils of unchecked power and the urgent need for reform in South Africa’s public institutions.

Source link

Latest articles

Mitigating Human Risk in Cybersecurity Goes Far Beyond Training

In the realm of cybersecurity, the human element often emerges as a prevalent risk...

A UK teenager has been arrested in connection to a global cybercrime group that targeted MGM Resorts

A teenager from Walsall, England, was arrested in connection with a cyber online crime...

Understanding the operation of Hashcat: A breakdown of this password cracking software

In the world of cybersecurity, hackers are constantly looking for ways to crack passwords...

US imposes sanctions on Russian hackers who attacked water facilities in Muleshoe and Abernathy

Government officials have taken action against two Russian "hacktivists" who have claimed responsibility for...

More like this

Mitigating Human Risk in Cybersecurity Goes Far Beyond Training

In the realm of cybersecurity, the human element often emerges as a prevalent risk...

A UK teenager has been arrested in connection to a global cybercrime group that targeted MGM Resorts

A teenager from Walsall, England, was arrested in connection with a cyber online crime...

Understanding the operation of Hashcat: A breakdown of this password cracking software

In the world of cybersecurity, hackers are constantly looking for ways to crack passwords...
en_USEnglish