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6 Ways CFOs Can Stay Ahead of Hackers

Global losses from payment fraud have tripled from $9.84 billion in 2011 to $32.39 billion in 2020, according to Deutsche Bank’s 2021 report on the future of payments. And financial professionals are saying COVID-19 hasn’t helped matters, with 65% believing that the global pandemic is to blame for some of the accelerated rate in fraud activity, revealed by a 2021 survey by the Association for Financial Professionals (AFP). While these cybercriminals can target many areas of an organisation, the dangers are ultimately measured in financial terms. This means that Chief Financial Officers (CFOs) can no longer ignore cyber security simply because it is a complex issue outside their area of expertise. As custodians of the company’s monetary assets and financial data, CFOs are responsible for sa...

Confidence Rebounds in SA as Consumers Embrace eCommerce & Contactless Payments

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3 Distinct Industries that are Kick-Starting Job Creation in South Africa

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Pick n Pay Launching its “Biggest Online Black Friday” Ever

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MTN Rwanda Taps Ericsson to Deploy New Operations Centre

Sourced from TheTechieGuy (https://thetechieguy.com/) MTN Rwanda has selected its longtime partner, Ericsson, to deploy a Network Operations Centre (NOC). The five-year contract will support MTN Rwanda to focus on enhancing consumer experience through Ericsson’s Managed Services solution that will deliver an automation-driven Information Technology (IT) operation. Ericsson will provide NOC for a range of MTN Rwanda’s applications and the corresponding IT Infrastructure to support critical business segments and enhance operational efficiency. The new agreement is an important milestone in MTN Rwanda’s modernisation and digital transformation journey, the company says. Through the NOC, MTN Rwanda’s Network Operations Centre and the Incidents Management tools will be automated enabling furthe...

How to Choose a Gaming TV That’s Perfect for Your Next-Gen Console

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Infinix Note 11 Pro Launches in Kenya – Pricing + The Details

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Airtel Money is Launching this New Virtual Payment Solution in Zambia

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“Beautiful New Cosmic Puzzles” Revealed by SA’s MeerKAT Telescope

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Kenya Has Had to Deal with Nearly 33-Million Cyber Attacks in the First Half of 2021

The increase in cyberthreats recorded by internet security group Kaspersky in the first half of this year in Kenya amounted to 32.8 million. Compared to similarly prominently targeted countries in the African region the recorded number was on par with South Africa accounting for 31.5 million, and near double the number recorded in Nigeria at 16.7 million. Overall, a combined 81 million attacks were recorded in these three countries, which is indicative of how significant the danger has become to organisations and users in the connected world. “Threats can be categorised as criminal (80% of attacks), targeted (19.9%), and advanced (0.01%). The advanced grouping is significantly more sophisticated and feature increased investment from attack groups. Unfortunately, both criminal and targeted ...

2 New Data Centres Costing $200-Million to Be Built in Nairobi

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Forbes Cloud 100 Leader Rubrik Protects Your Data from Ransomware Attacks with Zero Trust Approach

Sourced from Kaspersky With data being increasingly valuable to a company’s organisations, ransomware attacks are surging around the world, including in South Africa. It is becoming incredibly lucrative for attackers to target businesses for their data, and at the same time, the ransomware being used is becoming more sophisticated. This means that more enterprises will feel the need to pay the ransom in the case of a breach. So says Risna Steenkamp, General Manager: ESM Division at Networks Unlimited, which distributes Rubrik solutions throughout Africa. “It is unfortunate,” she explains, “that in the event of a breach, paying the ransom is no guarantee that the threat actors will actually honour the agreement and release the data. This potentially leaves a breached organisation in the une...