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Binance pledges to make good on $6,3bn hack

Cryptocurrency platform Binance has been it with what is believed to be the biggest single cybersecurity incident ever, with customers losing a massive $6,3-billion. The company has pledged to cover the losses. “Binance's initial investigation suggests that the...

How can SA plug the ICT skills gap?

Kathy Gibson reports from the IITPSA Workforce Conference – While South Africa records the highest unemployment rate in the world, there is still a dire shortage of critical IT skills. Presenting the IITPSA IT Skills Survey, Lehlohonolo  Mokenela, MD of Africa...

A hybrid approach can balance AI’s costs, risks and rewards for SMEs

Generative artificial intelligence (GenAI) is among the fastest-adopted technologies in business history. Research from Google and Ipsos found that 70% of online adults in South Africa have used an AI chatbot, and three-quarters said AI is useful in the workplace. By...

AI-ready architecture starts with engineering discipline

Data-driven decision-making rests on a reasonable premise: better data leads to better decisions. For Wayne Yan, chief technology officer at Dariel, AI hasn’t changed that premise or the problem underneath it. “The basic pattern of input, processing and output is...

IT AUDITOR – (ICISA & SACA / IIA MEMBER)

IT AUDITOR - ICISA & SACA / IIA MEMBER IT audit experience in a non-life insurance company. SALARY: NEGOTIABLE (TBA)CLOSING DATE: 7 NOVEMBER 2024JOB PURPOSEThe IT Auditor performs IT audit reviews in line with the audit plan and IT internal audit methodologies and...

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Black Friday a shot in the arm for local economy

Black Friday sales are forecast to generate an additional R88-billion in November for South Africa’s wholesale, retail, and fuel sectors, according to research from fintech Capital Connect. The study shows that retailers in South Africa will generate R22-billion in...

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Crowdfunding market is slowing down

In recent years, the crowdfunding market has been yo-yoing - with the annual growth rate falling by 6% and 4% in 2020 and 2022 respectively, and then rising to an average of 2,5% for the past two years. However, after a steady increase in 2023 and 2024, the entire...

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Virtual reality market to hit $57bn by 2030

Despite the challenges that will limit the adoption of virtual reality (VR) technology, the global VR market is forecast to grow from $11-billion in 2023 to $57-billion by 2030 – with a CAGR of 26% over the period - according to GlobalData. The research group’s latest...

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