Newly-discovered ransomware uses BitLocker to encrypt corporate data

Kaspersky has identified ransomware attacks using Microsoft’s BitLocker to attempt encryption of corporate files. The threat actors remove the recovery options to prevent the files from being restored and use a malicious script with a new feature: it can detect...

Ecobank launches 2024 Fintech Challenge

Ecobank has official opened applications to the 7th edition of its Fintech Challenge. This annual competition invites early-stage and mature fintech startups to partner with Ecobank, offering a grand prize of $50 000 and a chance to scale their solutions across...

Interest in NFTs continues to fade

The last two years have been rough for the NFT market, and 2024 doesn’t look much better. With falling sales and investors losing appetite for digital artwork, market projections became less optimistic, showing only a modest 2,6% annual growth by 2028, twenty...

Global telecom, network API spend set for 57% CAGR

Worldwide revenues for telecom and network APIs will reach $6,7-billion in 2028, according to a new forecast from International Data Corporation (IDC). This represents a compound annual growth rate (CAGR) of 57,1% over the 2023-2028 forecast period. Worldwide market...

Smartphone shipments on the road to recovery

Worldwide smartphone shipments are forecast to grow 4% YoY in 2024 to 1,21-billion units, according to the latest International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. The growth in 2024 adds momentum to the overall recovery IDC expects...