Paying ransomware attackers is making companies more vulnerable

Paying ransomware attackers is making companies more vulnerable

By paying ransomware, organisations are leaving themselves open to repeat attacks and long-term business disruption, according to Lloyd Timcke, regional director for Africa and Israel at cybersecurity firm Rubrik. At a cybersecurity event in Johannesburg last week, the company said attackers are increasingly exploiting identity systems such as Active Directory and cloud identity providers, allowing…

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Oil companies will spend 0 billion in Venezuela

Oil companies will spend $100 billion in Venezuela

President Donald Trump met Friday afternoon with more than a dozen oil companies at the White House to discuss plans for investment in Venezuela, less than a week after the U.S. ousted President Nicolás Maduro. Exxon CEO Darren Woods, ConocoPhillips CEO Ryan Lance and Chevron Vice Chairman Mark Nelson attended. Executives from Halliburton, Valero and…

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Beyond the happy path: How top software development companies handle the work that really matters

Beyond the happy path: How top software development companies handle the work that really matters

BBD builds the platforms businesses rely on. Most software works perfectly on the happy path. But the top software development companies know that real customers, real data and real-world complexity is where systems are truly tested. For more than four decades, BBD has helped organisations modernise legacy estates, design future-ready platforms and orchestrate processes end-to-end…

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Africa: Brick By Brick, Zimbabwe Companies Fall to Foreign Competitors

Africa: Brick By Brick, Zimbabwe Companies Fall to Foreign Competitors

Harare, Zimbabwe — National laws aimed at redressing colonial imbalances reserve retail sectors, like that of brickmaking, for locals. But companies with outside investment, particularly from China, routinely flout the rules. For nearly a decade, Stanley has made a living laying out bricks for drying at Willdale Bricks, one of Zimbabwe’s oldest brick manufacturers. That…

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AI is driving huge productivity gains for large companies while small companies get left behind

AI is driving huge productivity gains for large companies while small companies get left behind

Amazon Proteus robots demonstrate autonomous navigation using barcodes on the floor during the Delivering the Future event at the Amazon Robotics Innovation Hub in Westborough, Massachusetts, US, on Thursday, Nov. 10, 2022.  Bloomberg | Bloomberg | Getty Images Artificial intelligence is widening the productivity gap between large and small companies, lifting up bigger firms that…

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Africa: Pension Funds, Insurance Companies Sit On Billions While Africa Goes Dark

Africa: Pension Funds, Insurance Companies Sit On Billions While Africa Goes Dark

Pension funds and insurance companies in different African countries invest billions abroad despite energy projects on the continent needing investment, says chairperson of the presidential initiative on climate change in Sierra Leone Kandeh Yumkella. Speaking at the Accelerated Partnership for Renewables in Africa (Apra) investment forum in Sierra Leone, Yumkella said projects in Africa are…

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