Standard Bank has warned its clients of a rise of “spoofing” scams in recent months, where fraudsters use AI-generated voices and e-mails to impersonate bank officials. “These scams are increasingly difficult for customers to identify, as calls and e-mails appear to come from their banks’ legitimate contact details,” the bank said in a statement on…
Africa Data Centres achieves level one B-BBEE certification, reinforcing its commitment to inclusive digital transformation. Africa Data Centres, a business of Cassava Technologies, a global technology leader of African heritage, has announced it has achieved a level one B-BBEE (broad-based black economic empowerment) certification. This is the highest rating under South Africa’s B-BBEE Codes of…
MTN Group CEO Ralph Mupita Africa’s biggest telecommunications operator, MTN Group, swung to a half-year profit, it said on Monday, as macroeconomic conditions, inflation and foreign exchange rates in key markets showed improved stability. South Africa-headquartered MTN reported headline earnings per share of R6.45 in the six months to 30 June, compared to a headline…
Christo de Wit, country manager for SA, Luno. New data from Luno, SA’s crypto-currency platform, reveals that while crypto-related scams affect less than 1% of its 14 million customers, scams and fraudulent misrepresentation remain the most prevalent forms of fraud in digital currency. A recent case involving a South African man who lost R4 million…
MTN South Africa has revised its mid-term service revenue guidance downwards as the operator faces stiffer competition in its home market, despite a positive upswing in its operations in the rest of Africa. The business “continues to navigate an environment characterised by elevated competitive intensity and ongoing pressure on consumers”, MTN Group said in its…
The City of Cape Town kicks off the host of metropolitan advertisements in this week’s eTenders Portal. National Treasury’s eTenders Portal is busy this week, largely driven by a slew of municipal requests following the start of a new financial year in July. For the ICT industry, this means the majority of opportunities that appear…
MTN Group on Monday disclosed that it is now the subject of a grand jury investigation by the US department of justice. The investigation will look into MTN’s operations in Afghanistan (now disposed of) and Iran (where it owns 49% of Irancell). Both countries are politically volatile and both face US sanctions (sweeping in the…
Current scams look and sound more real than ever before, says Standard Bank. Standard Bank is warning the public about fraudsters that are using artificial intelligence (AI)-generated voices and e-mails to impersonate bank officials. The big-four bank has witnessed a rise in these types of spoofing scams in recent months. Spoofing is a deceptive tactic…
As AI accelerates both innovation and risk, Gen Digital’s Q2 2025 Threat Report delivers a clear message: cybercriminals are using technology smarter – and more personally – than ever before. Their findings span AI-powered ransomware, pharmaceutical fraud, social media scams, and a surge in remote access attacks. Let’s unpack the most urgent threats facing consumers…
Morgan Malyon IBM Power and Storage solutions remain relevant and robust, with upgrades that make them the foundation of the agile, hybrid and AI-enabled enterprise. This is according to experts from IBM and systems integrator TCM, who were speaking during a webinar on transforming IT infrastructure. The webinar outlined how IBM Power and IBM FlashSystem…
