Microsoft to lay off 10 000 workers

Microsoft is gearing up to lay off about 10 000 employees, equivalent to just shy of 5% of its workforce. According to the company’s Securities and Exchange (SEC) filing yesterday, the cutting of about 10 000 employees by the end of the third fiscal quarter of...

About $24bn of BTC permanently lost

The value BTC that is lost due to these forgotten passwords and private key loss stands at around $24-billion – or about 1,45-million BTC. This is according to research by BitcoinCasino.com, which adds there is no way to recover these lost funds. So crypto...

Robotised production may be disrupted for weeks by a cyberattack

Robotics are used together with industrial control systems for production, replacing manual labour and improving business efficiency. However, according to recent Kaspersky research, the majority of employees surveyed in manufacturing companies in South Africa (73%)...

Backlog release and DX initiatives keep European server market afloat

Despite concerns about the general economic and geopolitical climate, the European server market continued posting strong growth in the third quarter of 2022 according to the Worldwide Quarterly Server Tracker published by International Data Corporation (IDC). The...
Unchecked cyberattacks a growing threat to the fragile global economy

Unchecked cyberattacks a growing threat to the fragile global economy

The Adoption of connected devices during the pandemic led to a dramatic increase in cyberattacks. And, according to a new report launched at the World Economic Forum Annual Meeting 2023, if left unchecked, the cost of cyberattacks will continue to rise, threatening a...

Critical infrastructure blackouts, cyber are top threats in SA

Cyber incidents and business interruption rank as the biggest company concerns for the second year in succession, both garnering 34% of all responses in the Allianz Risk Barometer 2023. However, macroeconomic developments such as inflation, financial market volatility...