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Ransomware: The Threat that Lies in Wait

There can be no doubt that ransomware attacks are on the rise across the globe. A simple online search will reveal thousands of statistics in this regard, and South Africa is no exception. What is also clear from numerous examples of successful breaches, is the potentially devastating effect of a ransomware attack, which can cripple a business and shut down essential services for extended periods, not to mention cost a fortune to recover from. They are, in fact, legitimate business disasters, and need to be considered as such when it comes to disaster recovery and business continuity planning. Under Siege There is no shortage of high-profile examples of ransomware attacks in South Africa over the past two years, from Johannesburg City Power to the Life Healthcare hospital group, Transnet P...

Intelsat’s Cloud Connect Media Provides a Bridge to AWS

Sourced from Britannica. Intelsat, an integrated satellite and terrestrial network provider, announced its latest service offering on Tuesday: Cloud Connect Media, a connectivity solution that provides programmers with secure access between the IntelsatOne Media Network and Amazon Web Services (AWS). Cloud Connect Media is designed to provide content providers with a private, dedicated secure gateway between AWS and the Intelsat global media distribution network. Intelsat is an AWS Select Partner in the AWS Partner Network (APN). This collaboration can provide Intelsat media customers a more efficient way to connect to their playout, video editing, and additional resources they use in the cloud while still accessing the IntelsatOne media network for centralized distribution and managed ser...

How Digital Thinking is Unlocking 4IR Revolution

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6 Common Cybersecurity Mistakes Made by Startup Companies

Image sourced from Pixabay Some of the most successful companies today began their journey as startups. They usually start with a brilliant idea or a new technology that promises to solve a problem to rethink the way we do business. The African region is no stranger to startups, where reports suggest that African startups raised near $5 billion in total estimated funding from 740 deals last year, predominantly in tech startups. This is more than a 250% increase from the $1.3-billion estimated total funding raised in 2020. Startup owners often draw attention to issues of business planning, marketing strategy, and attracting additional investment, but do not address the need to build a solid cybersecurity system. The lack of a clear understanding of threats can cost a startup a potentially s...

Google Cloud ramps up blockchain efforts by launching digital assets team

Blockchain, cryptocurrency and decentralized technology are all fascinating topics that have been heating up for almost a decade. Nowadays, everyone wants to be part of cutting-edge innovations. A Thursday announcement by Yolande Piazza, Google Cloud’s vice president of Financial Services, said the firm has established a Google Cloud Digital Assets Team that will assist clients in creating, trading, storing value and launching new products on blockchain-based platforms. The blog reads; “This new team will enable our customers to accelerate their efforts in this emerging space and help underpin the blockchain ecosystems of tomorrow.” We’re launching a new, dedicated Digital Asset Team to help underpin the #blockchain ecosystems of tomorrow. Whether you’re implementing...

YFI, HXRO and AR post gains even as Bitcoin price dips to $45.5K

Bitcoin (BTC) bulls took another beating on Dec. 17 as a midday onslaught dropped the price to $45,500. The price did manage a quick bounce back to $47,000 but sweeping a new daily low could be a sign that additional downside is in store. Amid the wider market downturn, several altcoins provided weary traders with a source of refuge as token buybacks and increased network activity helped bolster their prices and provide shelter from the storm. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Yearn.finance (YFI), Hxro (HXRO) and Arweave (AR). YFI benefits from token buybacks Yearn.finance is a decentralized finance (DeFi) aggregator service that ...

Can You Hack-Proof the Cloud?

The cost and impact of cybercrime are climbing by around 15% every year, according to a 2020 report in Cybercrime Magazine, and is expected to cost $10,5 trillion globally by 2025. This makes cybercrime, they argue, more profitable than the global illegal drug trade. The real costs are far greater though, both broadly and to individual companies, as these funds represent lost investment and innovation, and companies increasingly face stringent fines for personal data losses under regulations such as the General Data Protection Regulation (EU GDPR) and Protection of Personal Information (PoPI) Act. The human layer All it takes is a chink in the armour, warns John Ward, SME of Cloud Business for Africa at Fortinet, and this can be through human error, misconfiguration, permissions-...