Banks are still missing the links between fraud and money laundering

Financial institutions are increasingly integrating their fraud and anti-money laundering (AML) systems, but intelligence and governance gaps remain. New fraud and AML convergence research from Datos Insights, commissioned by data and AI leader SAS, finds 86% report...

How can SA plug the ICT skills gap?

Kathy Gibson reports from the IITPSA Workforce Conference – While South Africa records the highest unemployment rate in the world, there is still a dire shortage of critical IT skills. Presenting the IITPSA IT Skills Survey, Lehlohonolo  Mokenela, MD of Africa...

Is talent debt depleting your institutional knowledge?

Organisations cutting costs through workforce reduction to weather tough conditions may be trading a visible saving for an invisible liability that will cost them far more later, warns Advaita Naidoo, Africa MD at executive search firm Jack Hammer Global. “Globally,...

In 2027, AI could account for 20% of all business tech spend

In the coming year, CIOs and CISOs will face growing pressure to realise returns on their AI investments in infrastructure, security, digital sovereignty, and emerging technologies, according to Forrester’s 2027 technology and security predictions. Additionally, with...

The most active malware in November

Check Point Software Technologies Ltdhas published its Global Threat Index for November 2023. Last month, researchers discovered a new AsyncRAT campaign where malicious HTML files were used to spread the covert malware. Meanwhile, JavaScript downloader, FakeUpdates,...

GenAI set to disrupt travel industry

With the arrival of generative AI in 2023, the technology has surged to the top of airport and airline agendas, with 97% of airlines planning a program to develop the technology. This has taken the limelight away from Metaverse, which was the focus for 2022....

Legitimate software used to hack US government systems

Computers at the US Treasury - and possibly other federal agencies - have been the victims of hacking using legitimate software upgrades from Solar Winds. On Sunday, Reuters reported that a group backed by a foreign government stole information from Treasury and a...

Covid lockdowns take a toll on young people’s mental health

A new University of Cape Town (UCT) study into the emotional well-being of young people during the Covid-related lockdown in South Africa has revealed that majority are suffering from depression. In South Africa, more than seven million young people aged 18 to 35...

Businesses urged to act now to navigate to recovery

As economies continue to tackle the impacts of the Covid-19 pandemic, PwC's Global Restructuring Trends report estimates that 40-million people were on furlough across 37 economies in July 2020. The analysis outlines how governments and businesses have responded to...

SA consumers plan to spend a lot less this holiday season

Elevated customer expectations and tighter budgets will make 2020 holiday shopping more competitive than ever for retailers, with nearly 90% of consumers planning to spend the same or less than last year. According to new research by SAS, nearly three quarters (74%)...

Despite budget cuts, security is still a priority

Cybersecurity remains a priority for investment among businesses, according to the new Kaspersky report "Investment adjustment: Aligning IT budgets with changing security priorities". Its share of IT spending has grown from 23% in 2019 to 26% in 2020 for SMBs, and...

Wearables market shows regional rebound

The Middle East and Africa (MEA) wearables market rebounded in Q3 2020 thanks to an easing of the supply disruptions that had plagued the previous quarter. The market recorded year-on-year unit growth of 15,8% in Q3 2020, while its value was up 33,9% over the same...

Server market revenue up 2,2%

Vendor revenue in the worldwide server market grew 2,2% year over year to $22,6-billion during the third quarter of 2020 (3Q20). According to the International Data Corporation (IDC) Worldwide Quarterly Server Tracker, worldwide server shipments declined 0,2% year...

SA fails to ready youth for 4IR

South Africa is failing to expose and prepare young people for the evolving world of work. This is according to Tumelo Dichabe, business advisor at non-profit organisation Technoserve, who says: "Our youth are not exposed to the options that exist or that would result...

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