MS security chief warns of ‘agent sprawl’ crisis as SARB tightens rules

MS security chief warns of ‘agent sprawl’ crisis as SARB tightens rules

Mark Palmer, board director for the Cloud Security Alliance South Africa Chapter and security go-to-market lead for Microsoft SA. The explosive enterprise rush to deploy autonomous AI agents has triggered an identity and governance crisis, rendering traditional corporate defence models “completely insufficient” to handle machine-to-machine risk, according to Mark Palmer, board director for the Cloud Security…

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Africa Tightens Ai and Data Regulations As Stablecoin Adoption Grows in Finance Sector

Africa Tightens Ai and Data Regulations As Stablecoin Adoption Grows in Finance Sector

Nairobi — As banks, financial institutions, telecommunications firms and payment service providers (PSPs) increasingly adopt stablecoins as core infrastructure for treasury management and cross-border payments, regulatory defensibility is emerging as a critical priority. A new report indicates that this shift is accelerating a broader transition in Africa’s digital economy–from basic data protection frameworks to active,…

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Bolt SA tightens controls after fatal profile misuse case

Bolt SA tightens controls after fatal profile misuse case

Bolt’s driver identity verification checks are now conducted multiple times a week. Bolt has intensified its crackdown on driver profile sharing in South Africa, introducing stricter enforcement measures by increasing driver identity verification checks on the driver app. In 2023, the e-hailing firm introduced the Bolt Driver Selfie Verification feature on its mobile app to…

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Government tightens screws on crypto assets

Government tightens screws on crypto assets

SARS will use tech to catch those who don’t report crypto assets. (Image: Nicola Mawson, with Freepik and GenAI) Government is clamping down on crypto assets through two new tax regulations that expand reporting on virtual money. It is also moving to bring tokens under exchange control rules – despite a pending court case on…

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