Half of breached organisations unwilling to up security spend
IBM Security's newly-released annual Cost of a Data Breach Report says that the global average cost of a data breach reached $4,45-million in 2023 - an all-time high for the report and a 15% increase over the last three years. Detection and escalation costs jumped 42%...
Business and ethics in the age of AI
Kathy Gibson reports - Artificial intelligence (AI) is the big game-changer in business this year, and enterprises need to ensure they are not left behind in this quickly-changing world. At the same time, vendors and IT resellers need to keep themselves informed and...
Words of advice for Nedbank customers affected by security breach
Nedbank last week warned customers - both active and no longer active - that their personal information had potentially been compromised due to a breach at a third-party service provider. At the same time, it stated that its own systems, as well as the passwords an...
Mustek issues trading statement
Mustek has issued a trading statement, alerting shareholders to a change in earnings compared to last year. For the six months ended 31 December 2019, Mustek's headline earnings per share is expected to be between 5% and 15% higher than the previous corresponding...
Banks look to AI for KYC compliance
The Middle East and Africa's banking and finance industry spent $12,68-billion on information and communications technology (ICT) in 2019, according to the latest insights from International Data Corporation (IDC). The global technology research, consulting, and...
Tech startups called on to accelerate healthcare management
South African innovators in the fields of health and medical technology have a chance to present their inventions to global investors and tech leaders at Viva Technology 2020 in Paris. Pharmaceutical company Sanofi is calling for entries to the Afric@Tech challenge...
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",...
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Analyst Developer C# (Stellenbosch) x 3 – Western Cape Stellenbosch
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