Source: Bloomberg Samsung Electronics Co. suffered a cybersecurity breach that exposed internal company data, including source code for the operation of its Galaxy smartphones, the company said. The statement came after a claim over the weekend that LAPSUS$, a hacking...
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Samsung hacked; Galaxy source code leaked
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World braces for global cyberwar as Russia invades Ukraine
Source: CNBC As Russia steps up its cyberattacks on Ukraine alongside a military invasion, governments on both sides of the Atlantic are worried the situation could spill over into other countries, becoming an all-out cyberwar. Russia has been blamed for a number of...
Blue Label Telecoms uncovers massive fraud
Source: MyBroadband Blue Label Telecoms has uncovered a large fraudulent scheme, operating since 2015, perpetrated by two former senior executives of a subsidiary company. The fraudulent transactions were performed primarily outside the course and scope of the...
University student found guilty of stealing NSFAS money
By Malibongwe Dayimani for News24 Walter Sisulu University (WSU) student Sibongile Mani was found guilty of theft in connection with R14-million accidentally credited to her account by the National Student Financial Aid Scheme (NSFAS) in 2017. The East London Regional...
Bail for Absa engineer who stole over R100m
By Lwandile Bhengu for News24 The Absa engineer and his wife charged with stealing more than R100-million from the bank have been granted bail of R50 000 each. Dressed more modestly than when they first appeared, Xolela Masebeni and Athembile Mpani made their third...
Joburg municipal offices burgled, vandalised to stop digitisation
By Nicole McCain for News24 A municipal office in Johannesburg has been robbed and 20 computers damaged. It was the second incident in less than two weeks, and according to the City of Johannesburg it was an attempt to thwart digitisation. On Monday, the City’s...
More Absa customers hit by data leak
Source: MyBroadband Absa has continued to send notifications to more customers impacted by a data leak in October 2020. Customers have told MyBroadband they received emails from the bank this past week informing them the leak also impacted them. “Following Absa’s...
More than half of government’s Covid contracts irregular
By Paul Vecchiatto for Bloomberg A South African law-enforcement agency said its investigation into some of the health-equipment contracts awarded by the government during the Covid-19 pandemic found almost two-thirds of them were irregular. The Special Investigation...
Matric marks will no longer be made public
Source: EWN The days of frantically looking up matric marks in newspapers each year is over and many have welcomed the decision. The Department of Basic Education made the announcement on Tuesday. Instead, pupils will have to go to their high schools to collect their...
OneDayOnly hit by large robbery before Black Friday
Source: MyBroadband Popular online store OneDayOnly was the victim of a large robbery on Friday morning, with criminals using large trucks to carry all the stolen products. MyBroadband learned that the criminals left OneDayOnly’s warehouse in multiple 8-ton trucks...
Cyber insurance is a fallback, not a solution
By Amritesh Anaand, practise lead for unified Communication at In2IT Technologies Cybercrime is a growing threat to businesses globally, and South Africa is no exception. The country ranks third in the world for the highest number of users experiencing targeted...
Single company owner defrauded TERS of R100m
By Babalo Ndenze for EWN The Special Investigating Unit (SIU) said one company owner used over 1 000 ID numbers to defraud the Unemployment Insurance Fund (UIF)’s temporary employment relief scheme (TERS) of over R100-million. The SIU on Wednesday told...
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