Tag: security breach

In the Artificial Intelligence (AI) era, data drives innovation. Enterprises that harness and manage their data efficiently gain a competitive edge. Meanwhile, those that fail to do so risk falling behind. AI’s potential to transform operations, enhance decision-making and fuel growth hinges on effective management of the vast volumes of structured and unstructured data organisations generate daily

Artificial Intelligence (AI) is arguably one of the most prolific buzzwords of the past decade. Since the advent of ChatGPT in late 2022, AI has become a hotly debated topic beyond the boardroom, reaching casual dinners and braai's. True, AI presents potentially both humanity’s greatest achievement and unknowable prodigious risk. True, AI presents potentially both humanity’s greatest achievement and unknowable prodigious risk.

Technology is always great when it’s used in an ethical manner. We have a better working environment currently than some of the fore-bearers of the finance ecosystem. With the introduction of artificial intelligence (AI), we have to also consider the risk of fraud.

In today’s digital age, cybercrime is advancing at an alarming rate. As technology evolves, so do the tactics of cybercriminals. Unfortunately, your South African Revenue Service (SARS) e-filing account is not immune to these threats.

The telecom industry stands at a critical juncture as it navigates the convergence of emerging technology against a fast-changing business landscape and ever-evolving consumer expectations. Artificial Intelligence (AI) is revolutionising the telecom industry, and we are at the forefront – helping to drive revenue growth by simplifying, modernising and automating Communications Service Providers' (CSPs) business operations.

At the end of March, a critical security breach was discovered within the upstream source code of XZ Utils, a collection of open-source tools and libraries for the XZ compression format. The breach affected versions 5.6.0 and 5.6.1 and spanned nearly three years. The potential disastrous implications of this breach, and any other, underscore the importance of continued vigilance in patching all software used in a business environment.

With consumers increasingly aware of both the value of their data and of the threats to it, it’s never been more crucial for business leaders to respect user privacy. The South Africa’s Information Regulator has stated that local companies report at least 100 cyber security breaches every month.

Data integrity, security, and availability are vital aspects to consider whether it pertains to personal information, business records, or research data. However, many individuals and organisations often neglect the importance of data maintenance, which can lead to data ‘load shedding’, a term used to describe the loss, corruption, or unavailability of data due to poor data management practices.

When engaging in online activities, one cannot ignore the inherent risks involved. Whether you’re accessing information, interacting with a company or buying a product or service, your data is being stored and then possibly shared with others.

It was with great shock that the South African society learned about the rape of several women near Krugersdorp in July 2022. But what was more worrisome was the shock of the victims upon realising that their personal details such as names, residential addresses and occupations appeared on social media platforms!