CardioComm, a provider of ECG monitoring devices, confirms cyberattack downed its services
CardioComm Solutions, a Canadian provider of consumer and professional-grade heart monitoring technologies, has been downed by an ongoing cybersecurity incident. The Toronto-based organization said on Tuesday that its business operations will be “impacted for several days and potentially longer” following a “cybersecurity incident on the Company’s servers.” At the time
Read moreBlockchain Makes Crypto Asset Transactions Transparent and Traceable
At the 2023 Digital Assets and Sanctions Compliance Conference, a panel discussion on the regulation of crypto assets in South Africa and globally took place. The conference shed light on how distributed ledger technology, also known as blockchain, has the potential to diminish anonymity in crypto-asset transactions. The Changing Perception
Read moreCyber Security Today, July 26, 2023 – Reports on successful ransomware attacks, on stolen credentials for accessing business applications, and more
Reports on successful ransomware attacks, on stolen credentials for accessing business applications, and more. Welcome to Cyber Security Today. It’s Wednesday, July 26th, 2023. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com and TechNewsday.com in the U.S. Almost half of the respondents to a survey said their organization has
Read moreNEOM McLaren Formula E Team Names Trend Micro Official Partner
Global cybersecurity leader Trend Micro Incorporated has been designated an Official Partner of the NEOM McLaren Formula E Team in a multi-year partnership that aligns their innovative cultures and commitment to securing complex environments. The collaboration will explore ways to keep operations safe and accelerate resilience against cyber threats in
Read moreSA’s Financial Sector Surpasses The National Average
IBM Security recently released its annual Cost of a Data Breach Report, which revealed that South African organizations faced an average data breach cost of R49.45 million in 2023. This figure marks an all-time high for the report, with an 8% increase over the last three years and a staggering
Read moreNigeria Trails South Africa and Kenya in Africa’s B2B Payment Revolution
A recent report from Duplo, a business payment platform serving African businesses of all sizes, has shed light on the development of key B2B payment processes in Africa. The report reveals that Nigeria trails behind South Africa and Kenya in critical areas such as the adoption of electronic bank transfers,
Read moreNEC XON Systems Combats Cyber Threats with Next-Gen XDR
As cyber threats continue to evolve and become more complex, NEC XON Systems remains steadfast in its commitment to fortify cybersecurity defenses through state-of-the-art Extended Detection and Response (XDR) solutions. According to Armand Kruger, Head of Cyber Security at NEC XON Systems, their significant investment in XDR technology demonstrates their
Read moreThe ‘monster’ car that almost broke Tesla
Illustration by Alex Castro / The Verge In 2016, Tesla CEO Elon Musk stood on a stage in Los Angeles to introduce the company’s new car to the world: the Model 3. There was just one problem. The car didn’t exist yet. In episode one of Land of the Giants:
Read moreApple and Amazon face UK class action damages suit over price collusion claim
Apple and Amazon are facing a class-action style damages lawsuit in the UK alleging they abused their market power by colluding to increase the price of Apple products. The suit, which has been filed in front of the Competition Appeals Tribunal today, is seeking compensation of at least £500 million
Read moreJSE and Big xyt Partner on New Joint Venture
In a strategic collaboration, the Johannesburg Stock Exchange (JSE) has joined forces with big xyt, a prominent global independent provider of smart data and analytics solutions, to establish big xyt ecosystems. This joint venture culminates in the formation of a new company called big xyt ecosystems, which aims to offer
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