Thursday, November 28African Digital Business Magazine

Tech

Building A Secure Digital Future
Nigeria News, Tech

Building A Secure Digital Future

The Nigeria Cybersecurity Summit is scheduled for 6-7 February 2023 at Lagos-Nigeria and will bring forth a C-level platform that will concentrate on Cybersecurity strategies and the evolving threat landscape. The summit will discuss cybersecurity solutions for various industries, including government and ministry, banking and finance, telecom and energy, healthcare, e-commerce, and IT. The main focus of this 2-day summit would be in Cybersecurity Leadership & Upskilling, Risk Mitigation, Cloud Security, AI for Enterprise Security, Critical Infrastructure, Biometrics and Identity, Threat Intelligence and Malwares. With the new normal of shifting to the digital world, the cybersecurity industry has not adapted to the countless new threats that we now face on the digital front. With bi...
Tech

How do we Build Powerful Defense with Data Storage

By Ning Yun, Director of Data Storage Department of Huawei SAR (Huawei.com)  Ransomware is striking at an alarming rate. Information technology research and consultancy company Gartner predicts, by 2025, at least 75% of IT organizations will face one or more attacks. Refined hacking tools and extortion strategies have made ransomware the biggest threat to individual, enterprise, and national data security. Constant ransomware attacks cause huge damage When ransomware strikes, it steals and encrypts valuable data. Encrypted data can be decrypted only by paying the hackers a ransom. Hackers, working through darknets, usually demand Bitcoin to make the payment as difficult as possible to trace. The damage ransomware creates is great, as are hackers' profits. According to...
Tech

One-third of businesses plan to deploy Wi-Fi 7 by 2024, according to an industry report

WBA cross-industry survey reveals Wi-Fi 7 is top global priority to supercharge Wi-Fi capabilities and drive new IIoT use cases  Wi-Fi 7 is emerging as one of the most important areas of investment in new connectivity technologies. That is one key finding from the latest cross-industry survey of service providers, technology vendors and enterprises by the Wireless Broadband Alliance (WBA), the global industry body dedicated to improving Wi-Fi standards and services. The findings, released by the WBA as part of the WBA Annual Industry Report 2023, reveal more than a third (33%) of service providers, technology vendors and enterprises already have plans to deploy Wi-Fi 7 by the end of 2023. Wi-Fi 7 will supercharge current Wi-Fi capabilities with new technologies, such as multilink operati...
South Africa News, Tech

Businesses must prioritize cybersecurity just as they do physical security in order to protect their most valuable assets

Cybersecurity is possibly even more important than locks, vaults and walls in protecting the modern business. This is according to members of the Institute of Information Technology Practitioners South Africa (IITPSA) Cybersecurity Special Interest Group (SIGCyber). In a statement marking international Cybersecurity Awareness Month, which is held every October, the IITPSA SIGCyber members noted that business intellectual property, data and systems have significant value. This makes them a target for cyber criminals. To combat the cybercrime risk, cybercrime should be a top priority, and more skills development and awareness campaigns are necessary, they say. The business case for protecting the ‘crown jewels’ Bryan Baxter, CRO at Wolfpack Information Risk, says: “Business mission criti...
South Africa News, Startups, Tech

Digital security for entrepreneurs: How to protect your online business

As South Africa’s entrepreneurial spirit blossoms, digital security is more important than ever, warns Steve Flynn, Sales and Marketing Director at ESET Southern Africa. The pandemic fundamentally changed the working world forever. Not only are more employees working remotely, but more people are starting their own businesses – often from home. There has been a significant increase in new entrepreneurial activity amongst working age South Africans, from 10.8% in 2019 to 17.5% in 2021, according to the Global Entrepreneurship Monitor (GEM) report 2021/2022 released by Stellenbosch Business School. The digital work landscape also looks very different today. With affordable, high bandwidth connectivity more readily available in South Africa, we are now more marketable than ever before to ta...
Fintech, South Africa News, Tech

The short answer to long passwords

Our digital world has become increasingly risky where hackers access personal data and steal identities with little effort. It’s said that nearly half of all South African consumers have either been a victim of ID theft, or know someone who has, costing in the region of R1 billion a year to the economy. Identity theft is big business – where a fake ID can cost just R3000 on the dark web or in the dark alleys of the city. But are longer, more complicated passwords and security measures the answer for South Africans? A recent Google survey revealed that more than half of the respondents admitted to reusing the same password for multiple accounts. Around 80% of hacking breaches can be attributed to reused or stolen credentials. Pan-African fintech innovator, iiDENTIFii, however, has develop...
Are your Excel spreadsheets a cybersecurity risk?
Tech

Are your Excel spreadsheets a cybersecurity risk?

The use of spreadsheets in accounting and finance departments has vastly improved data analysis and enabled fast and accurate reporting, computing and information storage. Life without them is almost unthinkable. However, danger lurks within and although the use of macros in Excel to automate processes can enhance efficiency, macro malware can put your entire business at risk says Ryan Mer, Managing Director of eftsure Africa, a Know Your Payee™ (KYP) platform provider. Macro malware was fairly common several years ago because macros ran automatically whenever a document was opened. Microsoft has disabled macros by default in recent versions of Microsoft Office. However, Business Email Comprise (BEC) attacks are on the rise, adding an additional layer of risk of spreadsheets being manipul...
South Africa News, Tech

As SA’s ICT sector looks to globalise, employers and practitioners are in search of the right skills

The number of South African employers reporting they are recruiting ICT skills overseas has increased dramatically in the past year – up from 38% to over 50%. This is a key finding in the 2022 JCSE-IITPSA ICT Skills Survey – the 12th to carried out by Wits University’s Joburg Centre for Software Engineering (JCSE) in partnership with the Institute of Information Technology Professionals South Africa (IITPSA), with the support of the Information Technology Association (ITA). The study’s authors, Adrian Schofield, production consultant at the IITPSA, and Professor Barry Dwolatzky, Director of the JCSE, describe the growing trend to recruit foreign skills as “disturbing, given the continuing high levels of unemployment in South Africa”. With pressures on business margins making emplo...
Kenya News, Nigeria News, South Africa News, Tech

E-commerce app marketers are spending billions of dollars on user acquisition, according to a new report from AppsFlyer

AppsFlyer, the global marketing measurement leader, has released the 2022 edition of its State of eCommerce App Marketing report. Within the report, AppsFlyer outlines key global trends, guiding marketers in building a mobile-first experience that will drive engagement and sales for the upcoming holiday season. Following the past few years of significant e-commerce growth resulting from the Covid-19 pandemic, e-commerce in general and app marketing, in particular, have entered into a natural slowdown. In 2022, e-commerce is no longer attracting the same volume of new users, and rising prices are starting to take their toll on marketing budgets and planning. Heading into the holiday season marked by an economic downturn, supply disruptions, and continuing privacy changes and data restricti...
Upstream’s Mobile Identity: Online identification and first-party data collection in a post-cookie world
Tech

Upstream’s Mobile Identity: Online identification and first-party data collection in a post-cookie world

New whitepaper reveals Upstream’s game-changing, patented mobile identification technology, the enhancements it brings to marketing, UX and security, and how it pushes mobile operators up in the digital advertising ladder MarTech experts, Upstream, say its new patented technology can identify up to 85%[1] of a website’s visitors allowing for accurate and efficient mobile marketing in a fully private and compliant way. Upstream’s newly introduced Mobile Identity technology, part of the company’s mobile marketing automation platform, Grow, comes in time to address the digital advertising industry’s search for new identification methods, necessary due to the upcoming demise of third-party cookies. According to data from Upstream’s “Mobile Identity” report, companies that deploy the technolo...