regulator hits bank with R1-million Popia penalty

regulator hits bank with R1-million Popia penalty

The Information Regulator has fined First National Bank R1-million after finding that a misconfigured setting in the FNB app let 696 customers view the home loan applications of 88 other people – and that the bank failed to fix the flaw after customers twice reported it. The fine relates to an offence under section 105…

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MTN South Africa hits 10.35Gb/s in Africa-first 5G trial

MTN South Africa hits 10.35Gb/s in Africa-first 5G trial

MTN South Africa has achieved peak download speeds of 10.35Gbit/s during a live trial of 5G-Advanced technology operating in the upper 6GHz spectrum band. Conducted at MTN’s Johannesburg headquarters under a temporary test license from the Independent Communications Authority of South Africa (Icasa), the trial represents Africa’s first demonstration of 5G-Advanced in this frequency range….

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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…

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