Standard Bank customers face multiple deductions – updated

Standard Bank customers may find they have less money than they expected in their bank accounts today, as some transactions have been deducted multiple times. The bank has issued this operational alert to customers: “We are aware that recent credit and debit...

Port delays surge during pandemic

Congestion at major global seaports spiked in the second half of 2020, with ships requiring the loading and unloading of over 6 000 containers per visit spending an average of over 83 hours in port, a rise of 20% year-on-year, according to the latest Port Performance...

New record for DDoS attacks in 2020

Not all record-breaking numbers are feats or achievements towards which we all aspire. For example, in 2006, American teenager Matt Suter was destined to become the holder of the record for the “farthest distance thrown by a tornado and survived”, when he...

Major interruption to SA’s Internet service

Internet connectivity in South Africa took a turn for the worse on Wednesday evening (3 March 2021) when the Internet went down in most major cities. The cause appears to have been a fault on the Seacom network, although it’s not clear whether it’s the undersea cable...

South Africans prioritise financial planning in uncertain times

More often than not, it takes a tragedy or sudden uncertainty for us to realise we may not be adequately prepared to cope financially. This is one of the conclusions from the latest Momentum UNISA Household Financial Wellness Insights Report, which highlights how...

$513m of cryptocurrency stolen in 2020

The value of cryptocurrency hacks and thefts between 2019 and 2020 increased by 38,38% from $370,7-million to $513-million, according to data researched by Trading Platforms UK. Over the last five years, the value was highest in 2018 at $950-million, an increase of...