Africa’s love for Android lures cybercriminals
Mark Davison reports from Kaspersky’s Cyber Security Weekend in Kuala Lumpur – With emerging nations in the META (Middle East, Turkey and Africa) region embracing digital transformation faster than most western countries – and the subsequent widespread adoption of...
Massive increase in targeted ransomware groups
There’s been a surge in the number of targeted ransomware groups globally by 30% from 2022 to 2023. In parallel to this increase, the number of victims of targeted ransomware attacks spiked by 70% within the same time period. These insights were shared at Kaspersky’s...
Online apps are silver lining for SMBs
One in two small- and medium-sized businesses (SMBs) in South Africa has yet to see revenues recover to pre-pandemic levels, according to the latest edition of Facebook's Global State of Small Business Report, which examines the effects of Covid-19 on SMBs in 27...
Commitment and readiness drive innovation
The pandemic has driven more companies to push innovation to the top of the priority list and change the way they set their companies’ goals and processes. The latest innovation survey from Boston Consulting Group (BCG) shows a 10-percentage-point increase to 75% in...
Procurement offers opportunities for digital solutions
A good number of South African companies find themselves in a fairly precarious position when it comes to procurement because they have yet to properly integrate their basic processes - and their weaknesses have become more apparent during a pandemic that limits...
E-commerce proved to be a lifeline for retailers in 2020
As Covid-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased online - leading to an additional $900-billion being spent in retail online around the world in 2020. Put another way: in 2020, e-commerce made up...
Covid-themed threats continue to proliferate
There was an average 648 threats per minute in Q4, an increase of 60 threats per minute (10%) over Q3, according to the McAfee Threats Report: April 2021. The two quarters also saw Covid-19-related cyber-attack detections increase by 240% in Q3 and 114% in Q4, while...
Government most targeted for ransomware
The government sector and the banking industry were the most affected by ransomware attacks in 2020 accounting for 50% of all incidents, according to research from Atlas VPN. Government organisations took the biggest share of ransomware attacks last year -- 31 906,...
Covid impacts 3D shipments inconsistently
The impact of Covid-19 on the global 3D printing industry in 2020 was vastly varied: there was new demand in some regions and sectors while business was significantly recessed in others, according to Context. Worldwide revenue from 3D printing services reportedly grew...
More Absa customers affected by data leak
What was described as a data leak affecting a small number of Absa’s customers back in November 2020 could be more widespread than initially thought. At that time, the bank disclosed that a data leak had taken place in October, with about 200 000 customers believed to...
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