Banks expect to hand decisions to AI – even if they can’t explain them

Banks are racing toward a future where AI no longer merely informs key credit, treasury, and risk decisions – it makes them autonomously. Yet AI governance is not keeping pace with adoption, according to new AI risk research by FT Longitude, SAS and Microsoft. Even as...

Mankind’s first journey to another star set for 2029 launch

Plans are underway for mankind’s first journey to another star – a trip that is expected to take about 80 000 years. The Fermi Explorer Mission, a nonprofit organisation, hopes to set off for Alpha Centauri by 2029. The more than 40-trillion kilometre journey is...

IT spend will breach $7trn for the first time in 2027

Worldwide IT spending is expected to reach $7,35-trillion in 2027, up 15% from 2026, according to the latest forecast by Gartner. “Collectively, the market forces are reinforcing spend around AI infrastructure, AI-enabled cloud platforms, and advanced software...

As African CEOs embrace AI, ROI is still elusive

By Kathy Gibson - African companies are in the middle of learning and adopting artificial intelligence (AI), and adapting to the changes it brings. But they are also looking beyond adoption at how to measure value from their AI investments, says Ladi Asuni, partner...

The global cyber divide between Gaza and Israel

The conflict between Gaza and Israel has intensified to new heights over the past few weeks, gaining global attention unlike any other. This escalation of tensions has brought about a new battle line, one that only in recent years has become a pillar to modern-day...

Multi-malware campaign comes from all directions

A Kaspersky report reveals that an ongoing malicious "multi-malware" campaign has conducted more than 10 000 attacks primarily targeting global organisations. The campaign employs backdoors, keyloggers, and miners. Using new malicious scripts designed to disable...

Wearables on track for five years of double-digit growth

Global shipments of wearable devices are expected to total 396-million units in 2020 according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. This marks a 14,5% increase from the 345,9-million units shipped in...

VR headsets set for growth despite short-term decline

As the world continues to deal with the pandemic, the market for virtual reality (VR) headsets is expected to decline 6,7% in 2020 before returning to double-digit growth of 46,2% in 2021, according to the International Data Corporation (IDC) Quarterly Augmented and...

Social, economic factors key to Africa’s low Covid rate

Covid-19 transmission in Africa has been marked by relatively fewer infections, which have been on the decline over the past two months. According to the World Health Organisation (WHO), this is the result of a variety of socio-ecological factors as well as early and...

Resources for students to benefit from remote learning are inadequate

To save the academic year, tertiary education institutions in South Africa have moved lectures online - but this won't benefit all students. While virtual classes on personal tablets may have become the global norm, many South African students lack access to the...

City dwellers at higher risk from cyber-criminals

When looking for victims, cybercriminals focus on urban internet users. A NordVPN study has found that countries where cyber risk is considered high or very high have no less than 80% of the population living in cities. "Urban residents are more likely to enjoy higher...

Financial assets rise, but wealth gap widens

South Africa saw strong growth in financial assets in 2019. In fact, the world had a bumper year in 2019, with growth financial increasing by close to 10% - a trend that continued into the first six months of 2020. These are findings from the eleventh edition of...

Black Friday could look very different this year

The knock-on effects of the Covid-19 pandemic lockdown are set to drive a very different a Black Friday in November this year - which could good news for South Africans saving their depleted available spend for bargains that will yield great value. With retailers...

Liquid Telecom adds Cyber Risk Aware to new security unit

Cyber security awareness platform Cyber Risk Aware has been selected as the security awareness education and phishing simulation solution for the newly-unveiled cyber security unit within Liquid Telecom. Cyber Risk Aware's solution has been curated to help Liquid...

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