Source: MyBroadband The person behind the recent Absa data breach was a credit analyst at the bank who had access to risk modelling systems and sensitive client information. The employee, who Absa said they trusted, leaked the client data to an external platform and...
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Credit analyst responsible for Absa data breach
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Small businesses get 46% Black Friday boost
Source: Gadget.co.za In proprietary data released by South African payments provider, Yoco, small businesses experienced a 46% increase in card transaction volume on Black Friday, compared to the average volume processed on a Friday after payday. In the build-up to...
Dell, HP report sales boost on pandemic PC surge
By Nico Grant for IOL Dell Technologies and HP reported quarterly revenue that topped Wall Street estimates, lifted by customer upgrades of personal computers for remote work and school during the pandemic. Dell’s sales climbed 2.8% to $23.5 billion in the...
Online sales boom expected on Black Friday
By Estelle Sinkins for The Witness Online retailers are expecting a boom on Black Friday after health experts appealed to shoppers to avoid crowds at shopping centres. Nicolet Pienaar, the head of market insights at trends analysts GfK South Africa, said retail chains...
AWS outage takes out a chunk of the Internet
By Jay Peters for The Verge Amazon Web Services (AWS), Amazon’s Internet infrastructure service that is the backbone of many websites and apps, experienced a major outage affecting a large portion of the Internet. “Kinesis has been experiencing increased error rates...
Robots are doing your shopping
Robotic warehouses are turning small urban spaces into “micro fulfilment” spaces, says Inospace CEO Rael Levitt, who owns and manages 26 business parks in South Africa and abroad. The demand for fast order fulfilment and delivery services skyrocketed in the context of...
How to delete yourself from the Internet
By Dave Johnson for Business Insider US If you use the Internet in any capacity, your personal information is scattered everywhere online. You can get a sense of this by Googling your own name — you leave small traces of yourself with social media, online purchases,...
Elon Musk is now the world’s second wealthiest person
Source: EWN Elon Musk, the charismatic chief of electric automaker Tesla, has overtaken Bill Gates to become the world’s second richest person, according to the Bloomberg list of billionaires. The South African-born Musk, 49, added $7.2-billion in wealth on...
Loadshedding, crime forces Vodacom to spend R1bn
Source: Telecom Paper Vodacom South Africa says it has spent R1-billion on batteries over the last six months to ensure its network stayed up during loadshedding, MyBroadband reported. Vodacom CEO Shameel Joosub said the power outages this year forced the operator to...
FNB blocks customer credit cards without warning
Source: MyBroadband Numerous FNB customers are complaining that their credit cards have been blocked on Sunday without prior warning. Reports of the issue were widespread on Twitter and FNB’s Downdetector page, which saw a big spike in complaints from around 13:00....
Only 30% of people pay TV licence fees
By Sihle Mlambo for IOL The SABC would be commercially viable and would receive an immediate cash injection of up to R2bn per year if everyone paid their TV licence fee. This is according to the public broadcaster’s chief operations officer Ian Plaatjes, who was...
The rise of the cleaning robots
By James Vincent for The Verge Airflow is a subject dear to Charlie Strange’s heart. As the office manager for a Texas facility operated by HVAC manufacturer Goodman, he helps oversee the production of heating, ventilation, and AC units in the world’s fifth-largest...
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