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Public Works has lost R300m to cyber criminals over the last 10 years – Macpherson 

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Simon Nare

Public Works and Infrastructure Minister Dean Macpherson has revealed that the department has been siphoned off a stupefying R300 million by cyber criminals over the past decade in what he suspected was in collusion with departmental officials.

Macpherson in a statement on Wednesday further revealed that in the latest episode, these cyber thugs stole R24 million in one fell swoop which prompted an investigation by police in collaboration with State Security Agency, experts in information and communication technology and cyber security industry.

“It has become clear that the department has been a soft target and playground for cyber criminals for over a 10-year period and this should have been picked up a lot earlier. I felt it important to let South Africans know what has happened and what we are doing about it.

“I cannot discount the possibility of collusion between officials and criminals in this prolonged period

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