New directors, chairman-designate for Net1

Net1 has appointed three veteran business leaders as independent non-executive directors. Jabu Mabuza and Ali Mazanderani will join the board today (15 May), and Antony Ball will join on 21 May. Jabu Mabuza, formerly the chief executive officer of Tsogo Sun Holdings...

Spoofed visa application hits diplomatic entities

In November 2019, Kaspersky technologies revealed new malware with a focus on diplomatic bodies in Europe, with the initial dropper spread as a spoofed visa application. Further analysis has indicated that this spyware uses the same code base as the infamous COMPFun....

Taiwan chipmaker to open US plant

Taiwan Semiconductor Manufacturing will build a chip factory in the US. The new factory will most likely produce chips for smartphones and similar devices. The factory, which will be built in Arizona, will employ about 1 600 people directly. It should be operational...
Smartphone sales relatively strong, despite lockdowns

Smartphone sales relatively strong, despite lockdowns

Smartphone shipments across EMEA dropped by 8% year-on-year in the first quarter as countries across the region began to respond to the spread of coronavirus and lock down local economies. In total, companies shipped 76,9-million smartphones in 1Q20....

Cloud the bright spot in IT outlook

Worldwide IT spending is projected to total $3,4-trillion in 2020, a decline of 8% from 2019, according to the latest forecast by Gartner. The coronavirus pandemic and effects of the global economic recession are causing CIOs to prioritise spending on technology and...

Paying ransomware doubles the cost of recovery

Paying cybercriminals to restore data encrypted during a ransomware attack is not an easy and inexpensive path to recovery. In fact, the total cost of recovery almost doubles when organizations pay a ransom, according to global survey from Sophos, “The State of...