Dropbox hack leaks 68m user passwords on the internet

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Online cloud storage firm Dropbox has been hacked, with over 68m users’ email addresses and passwords leaked on to the internet. The attack occured in 2012. At the time Dropbox reported a collection of user’s email addresses had been stolen. It did not report that passwords had been stolen as well. The dump of passwords came to light when the database was picked up by security notification service Leakbase, which sent it to Motherboard. The independent security researcher and operator of the Have I been pwned? data leak database, Troy…

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Cybersecurity expert warn ‘Pokemon Go’ fans of cybercriminals

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The release of “Pokemon Go” has sparked a frenzy among players and prompted a raft of warnings from lawmakers eager to prevent fans from putting their lives in danger. But the fevered anticipation of the game has also created opportunities for attackers, a cybersecurity software firm said. “The vulnerability from ‘Pokemon Go’ is due to the fact that Nintendo didn’t have a global release of the game,” said Michael Petit, Africa, Middle East and Asia head of mobility at Check Point Software Technologies. The mobile gaming app first rolled out…

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MIT Global Startup Lab Program Applications Are Now Open

MIT
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The MIT Global Startup Labs Program is headed to South Africa and  tech entrepreneurs, both new and established have until the end of May to submit their new and innovative tech ideas. The joint initiative by MIT, WITS University and the Johannesburg Center for Software Engineering (JCSE) will see students gain first hand experience in the entire process of developing tech startups. Since 2000, MIT Global Startup Labs has been sending over 150 MIT instructors to teach over 2,000 students in 14 countries through partnerships with universities in emerging regions.…

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Increased Potential For Cyber-Crime Attacks In Africa

Cyber-Crime
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There is potential for increased cyber-crime attacks in Africa as cyber-criminals target mobile devices, Techmoran reports. This deduction comes from the quarterly analysis of the global Threat Index by Check Point® Software Technologies Ltd which also revealed deep disparities in the threat environments in Africa. African countries that were highly ranked in the index include Namibia and Malawi which were second and fourth positions respectively and Nigeria which had moved up two positions from the 18th to the 16th. Kenya, on the other hand had dropped from the 45th position to the 69th…

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New ICANN CEO Göran Marby Will Take Over This Month

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Fadi Chehadé’s replacement Göran Marby, will begin his job as the new ICANN CEO and President from May 23, next Monday. He takes over form Fadi Chehadé who was at the helm of ICANN since 2012. Mr. Marby, before his appointment served as CEO and founder of Appgate,  Swedish security software company (now Cryptzone in US), where he grew the organization to a global company with customers in 35 countries and operations in the U.S. He has over 20 years of experience that he brings to ICANN being a senior executive in…

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Vodacom Will Discontinue M-Pesa South Africa From 30th June

Vodacom
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  Earlier in the year, Vodacom said that it was reviewing M-Pesa South Africa. The service that was launched in 2010 and re-launched four years later, was expected to have millions of users but it only garnered 76,000 active users. Shameel Joosub, CEO, said in a statement that the decision was based on the fact that the business sustainability of M-Pesa is predicted on achieving a critical mass of users. Their revised projections and the high level of financial inclusion in South Africa meant that there was little prospects of…

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A Greener South Africa Thanks To UberGreen

UberGreen
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A new initiative by Uber seeks to make the South African environment cleaner by reducing carbon dioxide emissions. In South Africa, 13% of carbon dioxide emissions are on account of the transport industry. Uber through a partnership with BMW and Nissan is seeking to bring that percentage down with UberGreen. UberGreen is a pilot project where Uber users will be able to request Electric vehicles, the BMW or the Nissan LEAF. These vehicles will be operated by drivers at  Uberx prices giving Uber users the satisfaction that they are helping…

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Africa’s banking security in Africa is reaching a tipping point for growing cybercrime risk

banking security
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Africa’s relative lack of infrastructure is both a blessing and a curse for banks. While access to traditional services is still a challenge, innovation in technology can offer big opportunities. Mobile has become the de facto means of banking in many parts of Africa and, as mobile penetration – particularly smartphone penetration – increases, this is allowing banks to connect with more of the population than ever before, and to do so in a more targeted, personal way. A study looking at trends in banking in sub-Saharan Africa, released in…

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Cyber Crime Predicted To Reach $2 Trillion By 2019

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During the last ten years, our lives have changed. The increased usage of the Internet made blurred some lines between the virtual and the real world making some processes faster. Ordinary people are enjoying this change, as life is becoming much easier for them. Large companies and enterprises experience some negative sides of such changes, though. They are preparing for a huge increase in cyber crime. General Crime Numbers Ginni Rometty, the Chairman of IBM Corp, mentioned in his recent interview that cyber crime wave, as they named it couple…

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31pc of employees consider themselves the biggest threat to cyber security

Hackers Breach Top Wall Street Law Firms, Including Cravath Swaine & Moore LLP
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Both companies and employees are aware of the damage cyber-attacks can make, and know that employees are the weakest link in a company’s security chain. Those are the results of two separate studies conducted by security firm WinMagic. During the Cloud Security Expo, it released the studies in which it asked 250 IT managers and 1,000 employees about the importance of IT security in the workplace. The data shows that businesses have taken actions to protect themselves following high-profile data breaches, such as the one which happened to TalkTalk. Almost…

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