About $24bn of BTC permanently lost
The value BTC that is lost due to these forgotten passwords and private key loss stands at around $24-billion - or about 1,45-million BTC. This is according to research by BitcoinCasino.com, which adds there is no way to recover these lost funds. So crypto owners must...
Robotised production may be disrupted for weeks by a cyberattack
Robotics are used together with industrial control systems for production, replacing manual labour and improving business efficiency. However, according to recent Kaspersky research, the majority of employees surveyed in manufacturing companies in South Africa (73%)...
Ninestar buys into Lenovo Image Technology
Ninestar, previously known as Apex Technologies, plans to acquire a 10% stake in Lenovo’s printer business unit. The company also holds a majority stake in Lexmark. Lenovo Image Technology is a subsidiary of the Lenovo Group. Ninestar manufactures and sells...
As data explodes, more companies struggle with protection
Data has grown by an explosive 569%, while data protection "adopters" have increased by almost 50 percentage points since 2016. This is according to Dell EMC's third Global Data Protection Index, which surveyed 2 200 IT decision makers from both public and private...
Digital doppelgangers for sale in underground e-shop
Kaspersky Lab has published the results of an investigation into Genesis - an e-shop that is trading over 60 000 stolen and legitimate digital identities, making successful credit card fraud that much easier to conduct. This marketplace, as well as other malicious...
Device shipments flat as PCs decline further
Worldwide shipments of devices -- PCs, tablets and mobile phones - are on pace to reach 2,21-billion units in 2019, exhibiting flat growth year over year, according to Gartner. The PC market is expected to continue its downward trend, while the mobile phone market is...
SMMEs skeptical of political promises
The small business community in South Africa is concerned about the potential lack of will by political parties to follow through on their election promises to create a more conducive environment for small, medium and micro enterprises (SMMEs). With less than a month...
Huge losses as fraudsters intercept emails
Fraudsters have once again swindled unsuspecting clients out of their life savings. They managed to intercept emails from a financial services provider to its clients, advising them on tax savings by bolstering their retirement policies or tax free savings, according...
R10m Cisco hub aims to empower SMMEs
Cisco South Africa has launched a R10-million Incubation Hub in Durban, the second facility of its kind built by the company in South Africa. The Incubation Hub, called 'Cisco Edge Incubation Centre', aims to develop SMMEs as well as speed up their entry into the...
Vodacom bans plastic in stores
Vodacom has banned the issuing of plastic bags to customers at its stores across the country, a move it believes to be a first in the telecommunications industry. With effect from 1 April 2019, Vodacom replaced plastic bags with brown paper bags, prioritizing the...
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