tech news
Who is Jumia Kenya’s Incoming CEO?
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Cassava Wins $50-Million Investment for Africa’s Cybersecurity
The Cassava and C5 Team. African integrated tech firm, Cassava Technologies, today announced that it has secured a $50-million investment from C5 Capital (C5), a specialist venture capital firm that invests in cyber security, space, and energy security. The investment is part of a broader funding round to accelerate Cassava’s growth. The investment by C5 will contribute to the acceleration of the work that Cassava has undertaken to increase digital connectivity and inclusion on the continent. As part of the investment plan, Cassava will be the go-to-market partner in Africa for C5’s cutting-edge portfolio companies to deliver best-in-class cyber security, satellite and space technology and clean energy. C5 and Cassava already announced a joint venture through which Haven Cyber, a C5 portfo...
Why Cloud Computing Has Suddenly Started to Gain Momentum in SA
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Wits University: How AWS Cloud Training Helped Avoid COVID Disruptions
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Public Sector Cybersecurity Summit: The Real Cost of Not Knowing
The Public Sector Cybersecurity Summit hosted by IT News Africa on the 2nd and 3rd of August 2022. Sign up here: https://itnewsafrica.com/event/event/public-sector-cybersecurity-summit-2022/ Investing time and money into cybersecurity practices has changed from being ‘a nice-to-have’ to a definite must-have in the daily operations of any modern enterprise, but when it comes to public sector organisations, understanding and investing in proper cybersecurity practices has become even more imperative. This is because the public sector continues to be a highly lucrative target for cybercriminals due to the large amount of money that flows through some of these organisations, their operational importance for many countries and, usually, the relatively low protection they use. The Nightmare at T...
The Future of Work Looks Bleak for South Africa’s Newborns – New Study
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How Robots Can Take Up the Cybersecurity Fight
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1 in 3 Untrained Employees Will Click on a Phishing Link – New Report
Image sourced from Kaspersky. KnowBe4, one of the world’s largest cyber-security awareness training companies and simulated phishing platform provider, has released the new 2022 Phishing by Industry Benchmarking Report to measure an organisation’s Phish-prone Percentage (PPP), which indicates how many of their employees are likely to fall for phishing or a social engineering scam. With ransomware payments averaging $580,000 in 2021 and business email compromise (BEC) losses topping $1.8 billion in 2020, a cyber attack can wreak havoc on an organisation. Yet, according to the baseline testing conducted for the report, without security training, across all industries globally, 32.4% of employees are likely to click on a suspicious link or comply with a fraudulent request. In some large categ...
24 South Africa Women to Join 2023’s Women Techsters Fellowship Class
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$1-Million Up for Grabs in African Startups Competition
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Standard Bank Turns Tail on Vaccine Mandate Firings
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MTN is Planning to Buy Telkom
MTN Group is reportedly in talks to buy its telecommunications rival Telkom. According to Bloomberg, the company said the discussions are still at an early stage and there is no certainty that the transaction will be completed. The news that was announced on Friday morning instantly saw Telkom’s share price soar by 30%. “Shareholders are advised that MTN and Telkom SA SOC Limited [Telkom] have entered into discussions in relation to MTN acquiring the entire issued share capital of Telkom in return for shares or a combination of cash and shares in MTN,” MTN said in an announcement. MTN would pay for the partially state-owned company in shares or a combination of cash and stock, according to a statement the giant telecommunications company released on Friday morning. According to Moneyweb, n...
