Rise in manipulation fraud could result in more regulation
The UK has seen a 41% increase in payer manipulation fraud, (or as they call it, Authorised Push Payments fraud or APP), in the last year. And, unless banks take a proactive approach, they could soon face some stiff regulatory pressure. This is the warning from...
Geo-political conflict triggers chaotic year for cybersecurity
Check Point Research has released its 2023 Security Report reflecting on a chaotic past 12 months in cybersecurity which saw cyberattacks reach an all-time high in response to the Russo-Ukrainian war. Education and Research remains the most targeted sector, but...
FMF weighs in on EWC
Expropriation without compensation (EWC) is unnecessary for land reform, dangerous to the economy, and will be disastrous for the poor. This is the word from the Free Market Foundation, which has issued the following statement: The Constitution Eighteenth Amendment...
Genuine B-BBEE credentials a weapon in the fight against bribery and corruption
A recent survey report issued by a leading financial management consultancy found that more than 60% of South African companies have been victims of economic crime – way above the global average of less than 40%. The survey also found more than 50% of the economic...
Outdated, misaligned strategies seen at biggest risk for business
Concerns that the assumptions underpinning organisational strategy may be outdated or misaligned to current growth objectives topped business leaders’ concerns in Gartner’s latest Emerging Risks Monitor Report. Gartner surveyed 136 senior executives across industries...
Trust key to business success
Companies most often become market leaders when they establish a high level of trust in the data from their customers, their own business processes, and across their partner ecosystem. IBM’s 20th edition of its bi-annual C-Suite Study, "Build Your Trust Advantage",...
DDoS attacks almost double in Q4 2019
The number of attacks blocked by Kaspersky DDoS Protection in Q4 2018 amounts to only 56% of attacks detected in Q4 2019. Further investigation of botnet activity reveals that around 28% of attacks happened on weekends, with the share of attacks on Sundays growing by...
Public cloud services set to grow 21%
Public cloud services revenue in the Middle East and North Africa (MENA) will total nearly $3-billion in 2020, an increase of 21% year over year, according to Gartner. “Government initiatives such as Smart Dubai, Smart Abu Dhabi, Israel’s Cloud Strategy and...
Digital transformation to reshape ICT investment in oil and gas
Businesses from the Middle East and Africa's resource industries (oil and gas mining, other mining, and agriculture) spent $5,17-billion on information and communications technology (ICT) in 2019, according to the latest insights from International Data Corporation...
What is the carbon footprint of your digital life?
Quantifying the footprint of our digital lives is not rocket science but it demands an understanding of the technology, its development and usage. Ericsson IndustryLab’s latest report, “A quick guide to your digital carbon footprint”, deconstructs ICT’s carbon...
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