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Home Crime

Minister Macpherson reveals national public works lost r300 million to cyber crime

by Highveld Chronicle
July 16, 2024
Reading Time: 2 mins read
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SOUTH AFRICA – Cyber thieves have reportedly stolen R300 million from the national Department of Public Works and Infrastructure. According to Minister Dean Macpherson, the department has fallen victim to cyber criminals over the past decade, resulting in theft totalling at least R300 million.

In a statement issued by the department on Wednesday, July 10, it was revealed that an additional R24 million was lost in May this year. This prompted a thorough investigation by several agencies, including the Hawks, the South African Police Service (SAPS), and the State Security Agency (SSA).

Minister Macpherson expressed concern over the department’s vulnerability. “It has become clear that the department has been a soft target for cyber criminals. I felt it was important to inform South Africa about this issue and our response,” he stated.

He also acknowledged the possibility of collusion between officials and criminals during this prolonged period of theft, highlighting the urgent need for improved financial controls. Four officials, including senior management, have already been suspended, and a significant number of laptops have been seized.

“The department’s payment systems were temporarily shut down, causing delays in creditor payments,” Macpherson added. He announced a comprehensive forensic investigation into the department’s information and technology systems. “This investigation, conducted with the assistance of banking partners such as ABSA and the South African Reserve Bank, aims to identify vulnerabilities and strengthen cyber security measures,” the statement continued, mentioning that key areas under investigation include the causes of the breach, weaknesses in ICT infrastructure, and staffing capacity issues.

The minister emphasised the need for swift action to bring the culprits to justice. “We are appealing to the investigating team to expedite their work. There is no room for corruption in this department.” He praised Deputy Minister Sihle Zikalala’s initial investigative efforts and stressed the importance of holding those responsible accountable.

Macpherson also vowed to strengthen the department’s cyber security systems to prevent future incidents, stating, “We cannot allow unchecked looting to continue.”

Highveld Chronicle

Highveld Chronicle

The Highveld Chronicle Newspaper is a local community newspaper based in the Mpumalanga Highveld Area. We cover at least 80% of the Nkangala District Municipality, with a population of over 1.5 million people. Highveld Chronicle is an affiliate of Myaba Media Tech, which was established in 2012 by an individual with a strong passion for business and driven by the desire to create economic value while remaining customer-centric. In May 2016, the newspaper publication was established under the Myaba Media Tech company. Over the years of our existence, we have positioned ourselves as one of the most consistently interactive and informative weekly newspapers, currently covering most parts of Nkangala District Municipality, with 90% of our coverage focused on black, previously disadvantaged communities. We are driven by the core values below, which align with our MOTTO: FIRST WITH THE PEOPLE, FIRST WITH THE NEWS Commitment: We are committed to creating employment and serving our communities with extremely thought-provoking and thought-leading news. Professional: We are a team of qualified and experienced journalists who deliver high-quality news in a fair and impartial manner. Trustworthy: We are committed to reporting the truth and earning the trust of our audience.

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The Highveld Chronicle Newspaper is a local community newspaper based in the Mpumalanga Highveld Area. We cover at least 80% of the Nkangala District Municipality, with a population of over 1.5 million people. Highveld Chronicle is an affiliate of Myaba Media Tech, which was established in 2012 by an individual with a strong passion for business and driven by the desire to create economic value while remaining customer-centric. In May 2016, the newspaper publication was established under the Myaba Media Tech company.

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