The Rise of AI in Advertising

Penquin, a leading advertising agency in Johannesburg, is embracing artificial intelligence (AI) to revolutionize creativity and operational efficiency in the industry. Creative AI expert Kenny Thomas leads the charge, exploring tools like DALL·E, Runway ML, and ChatGPT to enhance content creation and client service. Penquin’s commitment to innovation is evident through its dedicated AI team and comprehensive training program, positioning the agency as a forward-thinking leader in the evolving advertising landscape.

Kaspersky warns of a ransomware gang that blackmails victims after publicly revealing their data

Kaspersky has issued a warning about the Fog Ransomware group, which has escalated its tactics by publicly revealing victims’ stolen data and IP addresses on the Dark Web. This shift from traditional ransomware extortion to a more aggressive and fear-driven method is designed to increase pressure on victims to comply with ransom demands. The group, which primarily targets industries such as education, recreation, and finance, exploits compromised VPN credentials to infiltrate networks and encrypt data. The new tactic exposes not only the stolen data but also IP addresses, potentially increasing follow-up attacks and regulatory risks for victims.

SOUTH AFRICA’S DIGITAL FUTURE HINDERED by RISING CYBER THREATS

The article discusses South Africa’s increasing vulnerability to cyber threats, particularly ransomware and digital extortion, which pose a significant challenge to the country’s ambition of becoming a leading digital economy. Despite strong digital infrastructure and growth in sectors like AI and fintech, South Africa’s cybersecurity efforts remain inadequate, with weak law enforcement and insufficient protections for critical infrastructure.

Reducing risk and compliance challenges with cloud strategy

This article discusses the importance of reducing risks and compliance challenges in businesses by choosing a strong local cloud partner. The author emphasizes the need for governance, risk, and compliance (GRC) frameworks to align IT activities with business goals and ensure corporate integrity. The article explores how partnering with a reliable cloud provider can mitigate risks like infrastructure failure, cyberattacks, and data sovereignty issues. It highlights the benefits of business continuity, effective risk management, and staying compliant with local laws through local data centers.

TV licences are outdated, but is a streaming levy the right fix?

The article explores the challenges surrounding South Africa’s outdated TV licence system and the proposal for a streaming levy to fund the public broadcaster, SABC. With TV licence compliance low and collection costs high, the government is considering a new model to sustain the SABC, but the implications of such a levy—on consumers, streaming services, and the local content industry—are complex. The article discusses potential outcomes, including higher subscription fees, reduced local content investment, and the need for a fair, transparent levy to support both the public broadcaster and the South African entertainment sector.

XRP Set to Lead Quantum-Ready Blockchain Security, Says D24 Fintech Group

XRP is positioning itself as a quantum-ready blockchain by proactively securing its infrastructure against future quantum computing threats. With its focus on quantum resistance, XRP aims to become a leader in secure and scalable financial networks. Its innovative approach to blockchain technology, fast cross-border payments, and strong ties to the financial sector make it an appealing choice for financial institutions and governments, especially in light of emerging quantum technology.

Specno calls on Government to work hand-in-hand with industry stakeholders to finalise comprehensive AI Policy

Specno is urging the South African government to collaborate closely with industry stakeholders to expedite the finalization of a comprehensive national AI policy. Highlighting the growing global importance of AI and its potential to boost economic sectors such as agriculture, healthcare, and public safety, Specno emphasizes the need for urgent action to ensure South Africa remains competitive in the AI landscape. The article discusses the challenges facing South Africa, including the digital divide and historical inequalities, and stresses the importance of leveraging AI to drive innovation and address critical issues.