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Tech & Business
- Payment for ransomware attacks is not only impacting large businesses even smaller ones have been hit with 7-figure demand.
- The rate of ransomware attacks falls slightly, but recovery costs hit $2.73 million.
- Despite the soaring ransoms, this year’s survey indicates a slight reduction in the rate of ransomware attacks
The amount organisations are paying to get back their data from cyber criminals has increased by 500 per cent in the past year, a new report by Cybersecurity solutions provider Sophos has revealed.
Sophos, in its annual “State of Ransomware 2024” survey, says this has seen organizations that paid the ransom report an average payment of $2 million, up from $400,000 in 2023, with ransoms being just one part of the cost.
Excluding ransoms, the survey found the average cost of recovery reached $2.73 million, an increase of almost $1 million since the $1.82 million that Sophos reported in 2023. …
- TikTok Community Guidelines will see introduction of stricter For You eligibility standards.
- Video sharing entity says this code emphasizes responsible behavior on and off the platform
- According to the recently released Reuters Institute Digital News report 2023 survey, Kenya leads in world TikTok usage.
Popular video sharing platform TikTok, has unveiled significant updates to its Community Guidelines and introduced new features aimed at supporting creators and maintaining a safe environment for users. The platform’s Community Guidelines, which outline rules and standards for all users, have been updated to provide greater clarity and transparency.
These updates, set to take effect in a few weeks, include refined definitions for policies on hate speech and health misinformation. Additionally, TikTok has detailed how it moderates features like Search, LIVE, and the For You feed to ensure a positive user experience.
One of the key updates is the introduction of stricter For You eligibility standards. …
- Market size of Africa’s digital economy could reach $712 billion by 2050.
- In 2022 only 36 percent of the African population had access to broadband internet.
- Mobile Network Operators (MNOs) are streamlining adoption of 5G services.
Africa is on the verge of an economic revolution. From the north to the southern part of the Saharan desert, nations are striving to eliminate poverty and gain a strong foothold in global markets.
In the same vein, the continent is banking on the potential held by the digital economy. Reports ping the sector to higher standards, including a report from non-profit Endeavor predicting that the market size of Africa’s digital economy could reach $712 billion by 2050.
The growth is propelled by the massive engagement of the continent’s younger population, rising smartphone adoption and increasing internet penetration.
Read also: World Bank backs Smart Africa’s Digital Academy with $20M grant
Digital economy in
…
- Startups seeking to scale across Africa face a unique set of communication challenges.
- While culture, infrastructure woes, and regulations pose significant challenges, innovation offers opportunities to overcome these hurdles.
- Players in the industry such as Beem are developing effective enterprise communication products that firms can tap into to scale their operations across Africa.
Africa is emerging as a hotspot for entrepreneurial activity, with startups acrborsa prima classe jock strap deuce vaughn jersey latex hood air jordan 1 low flyease air jordan 1 low flyease uberlube luxury lubricant 8 ft kayak oregon football jerseys inflatable kayak yeezy shoes under 1000 nike air jordan 1 elevate low custom sublimated hockey jerseys 8 ft kayak decathlon bmx oss various industries in different economies scaling up. However, as these startups expand across economies, they are encountering a unique set of communication challenges that often jeopardize their success.
From navigating the maze of cultural …
- Ransomware Attacks and backdoors are the leading threats Kenyans contend with
- According to the CAK, Kenya experienced 860 million cyberattacks in 2022–2023.
- Check Point Research has also identified ransomware Attacks among the first rising in Africa.
Kenya was the second most attacked country by cybercriminals in the Middle East, Turkey, and Africa region (META), according to new data released by cybersecurity solutions provider Kaspersky.
Only Turkey recorded the highest number of attacks among the 12 countries in the META region. The region comprises Bahrain, Egypt, Kenya, Kuwait, Nigeria, Qatar, South Africa, Saudi Arabia, Turkey, UAE, Oman, and Pakistan.keyvone lee jersey yeezy boost 350 v2 hyperspace sac eastpak custom youth hockey jerseys jock strap custom sublimated hockey jerseys jock strap johnny manziel jersey nike air jordan 1 elevate low brock purdy jersey brock bowers jersey college football jerseys air max 270 women custom youth hockey jerseys custom dallas stars …
- According to a report by the Digital Economy Task Force, the gig economy in Kenya will grow by 33 per cent over the next five years.
- According to a GSMA mobile economy report, by 2025, sub-Saharan Africa is expected to welcome 167 million new mobile subscribers.
- The Humanity NFT program emerges as a critical player, offering a secure and non-intrusive way for individuals to participate in the Web3 space.
Africa’s gig economy, driven by the digital revolution, is reshaping the labour market, offering new avenues for employment and economic growth.
The World Bank highlights that more than 80 per cent of workers in sub-Saharbrock purdy jersey smith and soul black friday wig sale nike air max 90 futura dallas cowboys slippers mens oregon football jerseys sac à dos eastpak air jordan 1 low flyease adidas yeezy boost 350 turtle dove inflatable kayak uberlube luxury lubricant custom youth nfl jersey…
- Artificial Intelligence (AI) plays a crucial role in Africa’s socio-economic and political development.
- Currently, tech giant Google is funding the deployment of AI in Africa.
- Google is exploring how AI can address poverty, hunger, and disease in Sub-Saharan Africa.
The Executive Council of the African Union (AU) has resolved that education systems provide the basis for building a strong foundation for Africa’s future, with the powblack friday wig sale custom sublimated hockey jerseys durex intense vibrations ring custom nfl football jerseys custom nfl football jerseys johnny manziel jersey deuce vaughn jersey brock purdy jersey custom maple leafs jersey custom youth hockey jerseys brock purdy jersey fsu football jersey nike air max 90 futura brock bowers jersey blundstone uomo er of Artificial Intelligence (AI) taking center stage.
The resolution was reached at the 44th Ordinary Session held in Addis Ababa from Valentine’s Day through to February 15, 2024.
This meeting …
- The transformative power of AI-powered innovation in empowering farmers with the tools and knowledge to protect their livelihoods and improve food security.
- Innovative solutions such as AI-powered climate information systems and blockchain technology for digital wallets are improving smallholder farmers’ productivity and driving their resilience.
- UN’s IFAD notes that innovation is not limited to cutting-edge technologies but can also be found in rural communities and among farmers themselves.
In Tanzania, AI-powered innovation is revolutionizing the agricultural industry, showcasing the immense potential of technology to drive resilience and productivity among smallholder farmers.
By leveraging an innovative app that analyzes images of pest-infected crops and provides locally available treatments, farmers have collectively saved an estimated US$100 million in lost crops.
This success story from Tanzania shared with the world during the International Fund for Agricultural Development (IFAD) 47th Governing Council in Rome, Italy, underscores the transformative power of AI-powered innovation in empowering …
- With cloud transformation enabling businesses to navigate challenges, adopt emerging technologies, and compete globally, Africa’s cloud-driven future holds great promise.
- A new survey shows that CEOs’ top cloud-enabled priorities over the next 12 months will include increasing productivity, improving profitability, saving costs, and enhancing stakeholder trust.
- Organizations that embrace cloud technologies strategically and swiftly will be better positioned to unlock value and drive innovation.
In a market of rapidly advancing technology, CEOs throughout Africa are strategically positioning their investments to secure a competitive advantage through emerging technologies, including generative AI, advanced analytics, and cloud transformation.
Among these, the linchpin for optimizing value is cloud transformation — the process of migrating work to the cloud, which can include data, apps, and software programs, and others.
What is cloud computing?
Cloud computing, as defined by Amazon Web Services (AWS), is a revolutionary approach to accessing and managing IT resources. It delivers computing …
