Hollard data hits dark web after MIP hack

Hollard data hits dark web after MIP hack

The dark web is a hidden part of the internet that isn’t indexed by standard search engines. Cyber crime group “The Gentlemen” has dumped data allegedly stolen from insurer Hollard on the dark web, escalating the fallout from a June cyber attack on its third-party technology provider, MIP Group. ITWeb understands the group demanded a…

Read More
Discovery Bank hits R370m profit, clients near 2m

Discovery Bank hits R370m profit, clients near 2m

Discovery Bank posted R370 million profit, while attracting 70% of new business from outside the Discovery Group. Discovery Bank has reported a normalised profit from operations of R370 million for the year ended 30 June 2026, marking a turnaround from the R68 million loss recorded in the previous period. The bank’s move into profitability comes…

Read More
30-year Treasury yield hits 19-year high

30-year Treasury yield hits 19-year high

Traders work on the New York Stock Exchange (NYSE) on August 06, 2026 in New York City. Spencer Platt | Getty Images Treasury yields pulled back slightly on Tuesday after long-dated bonds hit their highest level in almost two decades amid a worsening U.S. fiscal situation and persistently higher inflation. The yield on the U.S….

Read More