technology news
MTN Uganda Lists 22.4 Billion Shares & Commences Trading
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South Africa’s Tyme Bank Raises $180-Million from Tencent & CDC Group
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Meta Looks to Boost Virtual Reality in Africa’s Storytelling
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IoT-Fueled Gricd to Deliver 4.2-Million Moderna Jabs with Nigeria’s NPHCDA
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Equinix Prepares to Expand into Africa With This $320-Million Acquisition
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The State of Cyber Extortion Crime in South Africa
Sourced from Kaspersky The KnowBe4 and ITWeb Ransomware Survey took a deep look into the South African organisation, finding that ransomware and cybercrime are increasingly impacting organisations on the continent. While many companies (32%) were attacked in 2021, some multiple times (12%), 64% of organisations believe they are prepared, and 67% would not pay the ransom. According to Anna Collard, SVP Content Strategy & Evangelist at KnowBe4 Africa, the South African market with its growing economy and cyber dependence, is becoming increasingly tasty as a cyber extortion snack. Anna Collard, SVP Content Strategy & Evangelist at KnowBe4 Africa. “It is natural for cybercriminal organisations to look at emerging economies for future attacks, as they are often not as prepared as the re...
The Top 5 Most Impactful African Fintechs of 2021
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MTN Building New Head Office in Côte d’Ivoire in Preparations for 5G Trial
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FNB Taps Vox Telecom to Launch New Fibre Solutions for SA’s SMEs
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MTN Says All of Its Staff Must Vaccinate After January 2022
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How to Protect Yourself from Gift Card Scams This Holiday Season
Image sourced from NorthJersey.com This holiday season checking off that gift list will look a little different than in past years. Many shoppers are planning to rely on e-commerce for a significant amount of their holiday shopping. Digital gift card sales are also likely to increase. However, given the spike in digital activity predicted over the holidays, cybercriminals, too, will be making their lists and checking them twice. It’s a particularly risky time of the year as shoppers of all ages (including some with less experience recognising digital threats) flock to search engines and online channels to place orders before holiday delivery date cutoffs. And opportunistic hackers know just how to create enticing, seasonally-appropriate lures—and even some of the simplest scams c...
How a Small Email Phish Can Become a Million Rand Ransom
Image sourced from Kaspersky. Cybercrime is smart, innovative, and agile. Cybercriminals are well-rewarded for their innovative attack vectors and have no incentive to stop finding inventive ways of penetrating systems and moving past the most vulnerable defences. According to Paul Grapendaal, Head of Managed Security Services at Nclose, there’s no standard playbook when it comes to penetrating a system successfully, but there are solid security steps that can mitigate risk and help the business manage the fallout. Steps that will help bolster your defences and ensure that one phish won’t cost your business millions. Paul Grapendaal, Head of Managed Security Services at Nclose. “There are obvious routes of attack, such as spear phishing, that are designed to focus on a target with the sole...
