Regtech spend surges as AI, ML unlock efficiencies
Spend on regtech by financial institutions and other industries will increase by 124% between 2023 and 2028 globally, from $83-billion in 2023, according to a new study from Juniper Research. Increasingly complex regulatory requirements are driving corporates to adopt...
These were the major initial vectors of ransomware attacks in 2022
A new Kaspersky report has showed that the majority of ransomware attacks in 2022 started with exploitation of public-facing applications, data from compromised user accounts and malicious emails. According to the IT Security Economics report, more than 40% of...
RPA key for digital workforce transformation
Kathy Gibson is at Blue Prism World – Robotic process automation is enabling a digital workforce for every enterprise. It’s not just about automating work, but rethinking how work is done, says Chip Coyle, chief marketing officer of Blue Prism. Over the last few...
Resilience enables effective cybersecurity
Kathy Gibson is at the Mimecast Cyber Resilience Summit – Mimecast has launched its E-cubed strategy, the guiding principles in how the team delivers solutions. “The what is the core products, but we believe equally important is the way we choose to partner,” says...
Technology offers solution to skills crisis
Kathy Gibson is at the Mimecast Cyber Resilience Summit – The opportunity divide is possibly the biggest challenge to social justice. This is the word from Peter Bauer, CEO and co-founder of Mimecast, who adds: “At the same time, while we have a shortage of skills in...
Microsoft, Vodacom launch online education platform
Kathy Gibson reports - Microsoft South Africa and Vodacom have launched a jointly-developed online learning platform, which they believe is a first for the industry. William Mzimba, chief officer of Vodacom Business, explains that the connect digital education...
TymeBank a strong contender as FNB named top digital bank
FNB has achieved first place as South Africa’s Best Digital Bank, with a score of 81. Capitec placed second, with a score of 78. This is according to InSites Consulting South Africa’s ninth annual SITEisfaction survey that measures customer satisfaction with digital...
Covid-19 takes toll on printing market
Worldwide page volumes printed from office and home devices combined will see a sharp decline in 2020 as Covid-19 changes where and how work is done. New research from IDC forecasts total page volume will fall 13,7% in 2020, from 3,2-trillion pages in 2019 to...
Incidence of digital banking fraud increases
Robust mitigation strategies deployed by member banks and partners are showing results in terms of fewer incidences of crime. This is according to the annual crime stats for 2019 released by the South African Banking Risk Information Centre (Sabric). Digital banking...
China’s ‘big fill’ sets oil stocks record
IHS Markit estimates that China's crude oil inventories will increase by 440-million barrels over the first six months of 2020. This "big fill" dwarfs the largest ever six-month increase in US crude stocks to date which was during late 2014 and early 2015 when stocks...
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