Africa tipped to be fastest growing fintech region
Financial technology revenues are projected to grow six-fold from $245-billion to $1,5-trillion by 2030, according to a new report released by Boston Consulting Group (BCG) and QED Investors. Despite fintechs losing more than half their market value on average in...
Cybercriminals targeting crypto users
Kaspersky has unearthed a phishing campaign targeting cryptocurrency users across the globe. The scheme showcases the ever-evolving tactics used by cybercriminals and reflects cryptocurrency's increasing appeal. During the European spring (March to May) of 2023 alone,...
CCSA urges that copyright bill go back to Parliament
President Ramaphosa has two weeks to avert a R34-billion US trade catastrophe, writes Collen Dlamini, chairperson of the Copyright Coalition of South Africa (CCSA) in this statement. Two weeks from today, the Office of the United States Trade Representative will hold...
Security still plays second fiddle when it comes to budget
The vast majority (89%) of chief information security officers (CISO) are regularly summoned by the board of directors to provide recommendations for the business. But, despite a "direct line" with top bosses, this does not necessarily result in dedicated investments...
Despite threats, it’s business as usual for SA banks
It's business as usual for South Africa's banks, despite warnings about the "Silence" hacking group targeting local institutions. SABRIC, the South African Banking Risk Information Centre has issued a statement following a warning from Kaspersky on 13 January 2020...
Massive growth for used smartphones
The worldwide shipments of used smartphones, inclusive of both officially refurbished and used smartphones, is expected to reach a total of 206,7-million units in 2019. This represents an increase of 17,6% over the 175,8-million units shipped in 2018. A new IDC...
Business, IT set to collaborate more
Over the next two years, 50% of organisations will experience increased collaboration between their business and IT teams, according to Gartner. The dispute between business and IT teams over the control of technology will lessen as both sides learn that joint...
All change for Reflex Solutions leadership
Reflex Solutions has announced organisational changes that will intensify its focus in key strategic areas and allow the company to better serve its customers and their diverse business needs. Pieter van Zyl becomes the chief technical officer, with all business units...
The chances – and implications – for a rate cut
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) is currently engaged in its first semi-monthly meeting of 2020. At its previous meeting (in November 2019), the MPC opened the door for an interest rate cut this year. The implied path of interest...
New threats drive electronic warfare growth
The emergence of stealth and low observable aircraft along with anti-access/area denial (A2/AD) systems has made integrated air defense networks very complex and difficult to counter. In addition, the development of new missile-seeker technologies for surface-to-air...
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