Financial industry still plagued by ransomware attacks

Although the global number of ransomware attacks dropped by 36% to 317,6-million in 2023, the financial industry is still plagued by malicious software which can significantly disrupt business operations and cause reputational and financial damage. And, according to...

Global migration drives remittances to record highs

The International Organization for Migration (IOM) has launched the World Migration Report 2024, revealing significant shifts in global migration patterns, including a record number of displaced people and a major increase in international remittances. IOM...

Scalping bots causing price-gouging in H100 GPUs

Resellers of H100 GPUs are earning profits three times the market price, according to new data from Stocklytics. “The emergence of scalping bots – sophisticated software programs designed to purchase limited-stock items online automatically – tilts...

Young scientists do South Africa proud

The research projects by South African young scientists swept up a number of accolades at this year’s International Science Technology Engineering Competition (ISTEC) in Bali, Indonesia. The fifth edition of the ISTEC, aimed at encouraging research and...

Absa opens China office

Absa Group has launched a non-banking subsidiary in the People’s Republic of China. “The African continent is endowed with talent, mineral wealth and a young population – and is poised to play an increasingly influential role in global trade, as...

SAPS’s brain drain reaching critical levels

The Police and Prisons Civil Rights Union (POPCRU) is concerned that highly-skilled and specialised members of the Special Task Force and National Intervention Unit divisions are exiting these units at an alarming rate, leaving the country’s borders vulnerable...