tech news
COVID-19: TransUnion Provides Key Info to Kenya’s Financial Services Providers
Global information and insights company TransUnion says Kenya’s financial services providers and consumer credit market will have to drive a robust, proactive response to the COVID-19 crisis if they are to manage the risks to the industry, with the pandemic expected to have a major impact on the country’s economy and the consumer landscape. Past crises and initial data suggest there will be ‘a significant reduction’ in the quality and volume of credit in Kenya as consumers and businesses grapple with lower income. What will define the COVID-19 pandemic for the consumer credit market is how banks and lenders respond to the challenges it presents, says Billy Owino, CEO of TransUnion Kenya. To help the consumer credit market respond to the crisis, TransUnion this morning launched its COVID-19...
Original Tony Hawk’s Pro Skater Games Getting Re-Released for PS4, XBOX One, and PC
Whether you’re regular, goofy, or even a cop (we see you Officer Dick) get ready to drop back in to the Tony Hawk’s Pro Skater universe. As THR reports, 1999’s Pro Skater and 2000’s Pro Skater 2 are being remastered with 4K HD graphics. The games will be available on PC, XBox One, and Playstation 4 starting on September 4th. The original Pro Skater titles represented a revolution in freewheeling gameplay, and as hard as it is to believe today, the graphics were top-of-the-line. The re-released games will feature the old familiar maps, as well as the same skaters, moves, gameplay modes, and best of all, the original soundtracks. But this isn’t just a new skin on an old structure; led by publisher Activision and developer Vicarious Visions, the updated Pro Skater gam...
Cybercrime has Increased by 33%, Report Shows
The 100 Days of Coronavirus report – published by Mimecast – shows that the volume of malicious and opportunistic cybercrime has increased significantly by 33% in the period January to March 2020. The new report has found that in the period January to March 2020 monthly volumes of: Spam and opportunistic cybercrime detections increased by 26.3%, Impersonation fraud detections increased by 30.3%, Malware detections increased by 35.16%, and Blocking of URL clicks increased by 55.8%, meaning people are more likely now to click on unsafe links than before the outbreak. Over the months of February and March, as South Africa reported its first case and moved swiftly into lockdown, the Threat Intelligence Team saw dramatic increases in cyberattacks in Sub-Saharan Africa. Carl Wearn, Head of E-Cri...
One-in-Three Ransomware Attacks Target Corporate Users
Sourced from Kaspersky On May 12, 2017, the largest ransomware epidemic in history, WannaCry, reached its peak. Three years later, this and other ransomware threats are still affecting people and companies. Recent Kaspersky research has revealed that in 2019, WannaCry kept its position at the top of the most prevalent ransomware families, while almost a third (30%) of those targeted by ransomware were corporate users. On 12 May 2020, Kaspersky and INTERPOL continue to urge organisations to think about backing up their data and adopting relevant protection so that they could avoid any potential ransomware siege and a catastrophe similar to WannaCry doesn’t happen again. Ransomware has become a big challenge for many organisations. Even though this is not the most advanced threat from a tech...
Bitcoin is Part of Mainstream Finance, says deVere CEO
Sourced from Ethereum World News. Bitcoin’s historic halving event on Monday underscores that the “long-term future of cryptocurrencies is secure”, says the CEO and founder of one of the world’s largest independent financial advisory organisations. The comments from deVere Group’s Nigel Green come as the world’s supply of Bitcoin was forever slashed. The highly anticipated halving event, occurring only every four years, means that less and less Bitcoin – which is limited to 21 million units – will now be mined. Monday’s was only the third ever halving. In 2012, the number of new Bitcoins issued every 10 minutes fell from 50 to 25. In 2016, it went down from 25 to 12.5. Now, in the 2020 halving, it will drop from 12.5 to 6.25. Nigel Green says that the “Bitcoin halving event has demonstrate...
Elon Musk Reopens His Tesla Factory Against Local Coronavirus Orders
Elon Musk has resumed production at his Tesla factory in Fremont, California, defying local shelter-in-place orders to slow the spread of COVID-19. “I will be on the line with everyone else,” he tweeted today. “If anyone is arrested, I ask that it only be me.” The Tesla CEO and new father seems hell-bent on making electric cars for people right now, as if those who could afford a Tesla in the first place are unable to wait a few months to purchase one. Apparently his Fremont factory is packed to the gills like a normal work day, reports NPR, because photos of its company parking lot show each spot filled. “California approved, but an unelected county official illegally overrode,” Musk tweeted. “Also, all other auto companies in US are approved to resume. Only Tesla has been singled out. Th...
