Sophos has released findings of a dual ransomware attack where extortion notes left by Karma ransomware operators were encrypted 24 hours later by Conti, another ransomware gang that was in the target’s network at the same time. Sophos details the dual attacks in the...

South African consumers are offered a wide range of protection in the form of legislated consumer rights, developed and applied over the years into the framework that we know today. “Over the years, this has been vital; particularly in the financial services sector,”...

American International Group (AIG), IBM and Standard Chartered Bank have successfully piloted the first multinational, "smart contract" based insurance policy using blockchain distributed ledger technology.The blockchain solution creates a new level of trust and...

Gartner has unveiled the top global 100 vendors in IT in 2016 based on their revenue across IT (excluding communication services) and component market segments. In the "Gartner Global Top 100: IT" vendors, Apple was the largest vendor with more than $218-billion in IT...

Both known and unknown attacks, as well as spam, are continuing to get through incumbent email security systems. This is among the findings from Mimecast's most recent quarterly Email Security Risk Assessment (ESRA), a test measures the effectiveness of email security...

At least one-quarter (24%) of banks worldwide struggle with the identification of their customers when delivering digital and online banking services. As more than half of banks (59%) anticipate growing financial losses due to fraud in the next three years, the...

The drone industry is poised to make a multi-billion rand contribution to the country's beleaguered economy. This is according to economist Dr Roelof Botha, delivering his Economic Impact Assessment (EIA) of the South African drone industry at the "Drone Con: A Drone...

South Africans' fondness for fast food continued unabated in 2016, despite strained economic conditions, according to the National South African Customer Satisfaction Index (SAcsi) for 2016 compiled by Consulta. According to the Index, the fast food industry achieved...

With unemployment at its highest level, the youth are anxious, agitated and searching for creative ways to earn a living. This is according to Manie van Schalkwyk of the South African Fraud Prevention Service, who says: "In this environment, you cannot write off the...

Blue Label Telecoms has signed the final equity transaction agreements to the recapitalisation of Cell C. The company anticipates issuing an updated circular and convening a general meeting before the end of July 2017 in order to seek the approval of shareholders for...