‘Splinternet’ makes safeguarding the Internet more difficult
The traditional Internet is increasingly under threat from the "Splinternet", which is a term used to describe the fragmentation of the Internet into competing technospheres. Nation-states are imposing restrictions, increasing the pressure on the Internet governance...
Bank ombud secures millions for wronged customers
Over the past two years, the Covid-19 pandemic has severely disrupted the traditional banking model, testing it to its limit, and banks are still battling to address this. Reana Steyn, the Ombudsman for Banking Services (OBS) points out that 2021 brought with it some...
Fluctuation as SA economy dips again
The BankservAfrica Economic Transaction Index (BETI) for September highlights the continuing fluctuation of the South African economy after economic transactions in the overall payment system declined 0,7% after a very strong increase of 1,5% in August. "The...
Accenture exposes data
Accenture exposed customer's private data, and could have experienced a major breach, by failing to secure cloud storage hosted by Amazon Web Services. The potential breach was discovered last month by Chris Vickery, the director of cyber risk research at UpGuard, who...
Hurdles to digitalisation of family businesses
Among the next generation of family business leaders, three in four have big plans to take their business forward. However, generational challenges persist, largely in the areas of digital and innovation. PwC conducted in-depth conversations with 35 next-gens from 21...
Huge disconnect between IoT and ERP
Only 16% of North American industrial companies consume Internet of Things (IoT) data in their enterprise resource planning (ERP) software -- so 84% face a disconnect between data from connected devices and strategic decision-making and operations, limiting the...
Machine learning powers unit trust fund
NMRQL Research, the fintech player co-founded by former First National Bank CEO Michael Jordaan, launched a unit trust fund powered by machine learning -- believed to be a first in South Africa. The NMRQL SCI Balanced Fund, administered by the Sanlam Collective...
Complex attacks use low-cost threats
It is becoming more common for threat actors to shun sophisticated and expensive attack techniques like zero-day vulnerabilities, in favour of extremely targeted social engineering campaigns in combination with known effective malicious techniques. As a result, they...
Personal transfer trial using blockchain kicks off
Fujitsu has reached an agreement with Mizuho Financial Group, Sumitomo Mitsui Financial Group and Mitsubishi UFJ Financial Group to conduct a joint field trial of a person-to-person money transfer service using blockchain technology. The trial will begin in January...
Blockchain-based travel hub in the pipeline
The Lufthansa Group has partnered with Switzerland-based startup Winding Tree to develop a decentralised booking marketplace using blockchain. It is envisioned that, in the future, airlines, hotels and other travel service providers will offer their services on...
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IT Business Analyst – Gauteng Sandton
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