AI could save $3trn flowing into the shadow economy
Global economies can save $3,13-trillion by using AI to detect and prevent money laundering and terrorist financing, according to the inaugural Napier AI/AML Index. The Napier AI/AML Index, published in partnership with leading research group GlobalData, provides the...
Digital fraud has hit most South African users
In the first half of 2024, 4,9% of all attempted digital transactions where the consumer was located in South Africa were identified as suspected digital fraud, according to TransUnion analysis, which also determined telecommunications, financial services, and...
Poor security awareness drives risk up
Fortinet has released its annual 2024 Security Awareness and Training Global Research Report which highlights the crucial role a cyber-aware workforce plays in managing and mitigating organisational risk. “As threat actors harness new technologies like AI to augment...
Southern Africa a hotspot for cyberthreats
There has been a continued increase in distributed denial of service (DDoS) attacks across southern Africa, marking the region as a growing hotspot for cyberthreats, according to Netscout’s DDoS Threat Intelligence Report for the first half of the year. This trend is...
New cyber campaign targets PC users
A new wave of the malicious campaign that is spread through web ads and aimed at Windows PC users was discovered by Kaspersky. While browsing the web, users may unknowingly click on an ad that invisibly covers the entire screen, redirecting them to a fake CAPTCHA...
Fibre operator ratings improve slightly
South Africa’s Internet service providers (ISPs) have a slightly better perception of the country’s fibre network operators (FNOs) compared to six months ago. This is according to the results of the latest six-monthly Internet Service Provider Association (ISPA) FNO...
Vodacom, Maziv respond to Competition Tribunal ruling
The Competition Tribunal yesterday (29 October 2024) prohibited Vodacom’s proposed R14-billion investment into Maziv, the fibre holding company of Vumatel and Dark Fibre Africa (DFA). Maziv has responded that it is disappointed by the outcome but respects the...
Euro spending on AI to hit $133bn
According to a new forecast from the Worldwide AI and Generative AI Spending Guide published by International Data Corporation (IDC), European spending on artificial intelligence (AI) is projected to reach $133-billion by 2028, growing at a compound annual growth rate...
Expect short-term market volatility after US elections
Despite the hype around the widely-publicised build-up to the US election, numerous analysts and high-profile investors are downplaying the impact of the election outcome on global markets. Speaking on whether he thinks the ripple effects will be large enough to...
Google adds another 15 African languages
Google has announced the addition of 15 African languages on Voice Search, typing with voice on Gboard and voice input on Translate. Google already supports typing input with custom keyboards in Gboard for around 200 African languages and varieties, with automatic...
Apollo Africa secures NERSA electricity trading license
Apollo Africa, a business in Reunert’s Renewable Energy Cluster, has been granted an Electricity Trading License by the National Energy Regulator of South Africa (NERSA). The new Electricity Regulation Amendment Act paves the way for a competitive electricity market....
NTT Data partners with Palo Alto Networks
NTT Data has announced an expanded partnership with Palo Alto Networks, to help global enterprises safeguard their digital infrastructures from emerging cybersecurity threats, spanning from the cloud to the farthest edge of enterprise environments. The collaboration...