Ransomware the most widespread malware as a service
The Kaspersky Digital Footprint Intelligence team has presented a new study that reveals ransomware as the most widespread malware as a service (MaaS) over the past seven years. The study is based on research conducted on 97 malware families that have been distributed...
What the threat of US sanctions means for SA businesses
By Richard Firth - American economist Thomas Sowell once said: "The first lesson of economics is scarcity: There is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics." While...
RFA calls for supply chain relief
The Road Freight Association (RFA) is urging government to open up all sectors of the economy to lessen the already devastating economic impact of lockdown and Covid-19. "The movement of both goods and people is vital for the wheels of South Africa's economy to keep...
MPC preview: interest rates continuing lower
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) meets again on May 17-19 to discuss interest rates and other monetary matters. Lullu Krugel, chief economist for PwC Strategy& Africa and Dr Christie Viljoen, PwC Strategy& economist,...
Plan to centralise laptop purchases for university, TVET students
Government aims to centralise laptop purchasing for higher education as learning increasingly moves online. This is the word from higher education minister Blade Minister, who says all tertiary students funded by the National Student Financial Aid Scheme (NSFAS) for...
New directors, chairman-designate for Net1
Net1 has appointed three veteran business leaders as independent non-executive directors. Jabu Mabuza and Ali Mazanderani will join the board today (15 May), and Antony Ball will join on 21 May. Jabu Mabuza, formerly the chief executive officer of Tsogo Sun Holdings...
Spoofed visa application hits diplomatic entities
In November 2019, Kaspersky technologies revealed new malware with a focus on diplomatic bodies in Europe, with the initial dropper spread as a spoofed visa application. Further analysis has indicated that this spyware uses the same code base as the infamous COMPFun....
Taiwan chipmaker to open US plant
Taiwan Semiconductor Manufacturing will build a chip factory in the US. The new factory will most likely produce chips for smartphones and similar devices. The factory, which will be built in Arizona, will employ about 1 600 people directly. It should be operational...
Smartphone sales relatively strong, despite lockdowns
Smartphone shipments across EMEA dropped by 8% year-on-year in the first quarter as countries across the region began to respond to the spread of coronavirus and lock down local economies. In total, companies shipped 76,9-million smartphones in 1Q20. "Considering the...
Cloud the bright spot in IT outlook
Worldwide IT spending is projected to total $3,4-trillion in 2020, a decline of 8% from 2019, according to the latest forecast by Gartner. The coronavirus pandemic and effects of the global economic recession are causing CIOs to prioritise spending on technology and...
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