Month: June 2022

Nclose confirms Linkedin is under cyber risk

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Nclose confirms LinkedIn is under cyber risk   LinkedIn has become one of the riskiest social media platforms to date, according to South African cybersecurity firm Nclose.In February 2021, the data from 500 million LinkedIn users was leaked by hackers, in June 2021, more than 700 million LinkedIn users had their data leaked and put up for sale. In June 2022, the FBI said that the fraud on LinkedIn posed a significant threat to the platform and its users. The site has become one of the riskiest social media platforms to date,…

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IMF Delays $238 Million Loan for Kenya

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IMF

IMF Delays $238 Million Loan for Kenya  Kenya may need to find alternative sources to finance its current budget due to a delay by IMF [International Monetary Fund] in issuing it a 28 billion shilling loan ($238 million). Kenya included loan funds in the current fiscal year’s budget. Delay may see the nation seeking alternative budget financing. The funding is part of a $2.34 billion extended credit facility and extended fund facility that was agreed to by the IMF more than a year ago for budget support. The loan needs board approval…

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Meta moderation panel receives appeals

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Meta and Social media

Meta moderation panel receives a appeals The owner of Facebook a Meta moderation panel receives a million appeals against removed posts. Instagram set up the oversight board as an independent body to give users the chance to challenge the company’s often contentious decisions about social media posts. For those updating statuses or posting pictures still on Facebook, you would know posts that include violence, hate speech, or bullying will be taken down But what if Meta gets it wrong? and the content you post isn’t harmful in any way? Meta’s…

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Safaricom and Visa launch M-Pesa Global Pay Visa Virtual Card

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Safaricom and Visa launch M-Pesa Global Pay Visa Virtual Card Safaricom has entered an agreement with Visa to form M-Pesa GlobalPay Visa Virtual card which will see the mobile phone-based money transfer service transact in 200 countries. This will allow customers to transact up to Sh150,000 ($1,28370) per payment and Sh300,000 ($2,567.3) per day. The deal is expected to shore Safaricom’s earnings from the mobile money services at a time M-Pesa revenues have been growing steadily. “By partnering with Visa to provide the M-Pesa GlobalPay Visa virtual card, we are…

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