Drive Control acquisition finalised

The long-anticipated sale of Drive Control Corporation has gone through. As at 1 October 2023, Drive Control Corporation has been acquired and transferred to DCC Technologies (Pty) Ltd as a going concern. DCC founder Neil Rex has stepped back from the CEO role, which...

Bank Zero takes on commercial banking

Bank Zero is now offering commercial banking for businesses of any size. “Bank Zero is ushering an innovative new approach far from the legacy ‘me-too’ solutions of traditional banks,” says Michael Jordaan, chair of Bank Zero. “We have...

Cloud infrastructure spending stays on growth track

Spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 7,9% year over year in the second quarter of 2023 (2Q23) to $24,6-billion. This is according to the International Data Corporation...

Attacks through social media proliferate

On 29 September, the North Korea-linked cybercriminal group Lazarus targeted a Spanish aerospace company through social media. The attacker pretended to be a recruiter from Meta and contacted employees via LinkedIn Messaging. This tricked them into believing the...

Sam Bankman-Fried trial is test for crypto

The trial of Sam Bankman-Fried, the founder of FTX, kicks off in Manhattan this week. According to Nigel Green, the CEO and founder of deVere Group, it represents an opportunity to bolster trust, boost adoption, and purge the cryptocurrency sector of unscrupulous...