South Africa has been greylisted by the Financial Action Task Force (FATF) due to the government’s failure to proclaim and enforce the anti-money laundering and terrorism-funding regulations. All the countries that have been greylisted will be monitored to ensure that the implementation of anti-money laundering and combating the financing of terrorism regulations are effective. The… Continue reading South Africa is Greylisted for Not Following Anti-Money Laundering and Terrorism-Funding Regulations
Category: Work
Samsung Employees Jailed for Corporate Espionage
A court in South Korea has convicted seven former Samsung employees of stealing semiconductor technology and then transferring it to Chinese companies. As The Wall Street Journal reports, all seven former employees worked for Samsung Electronics subsidiary SEMES Co. Ltd., which is Korea’s largest semiconductor and display equipment manufacturer. The technology stolen included equipment design blueprints and… Continue reading Samsung Employees Jailed for Corporate Espionage
UMBRA Predictive Analytics — Genuine Proactive Intelligence
Security has traditionally been viewed as a predominantly reactive measure to help protect people, property, and assets. But with new advancements in security technology, this approach is changing. Organizations are increasingly identifying the opportunity that lies within a more proactive approach to security. As such, they are beginning to rethink their security strategy. Security is… Continue reading UMBRA Predictive Analytics — Genuine Proactive Intelligence
“Investing in African Mining Indaba” Focused on Infrastructure and Illegal Mining
Energy reliability, environmental impact, supply chain issues, a lack of technical skills, massive increases in demand, illegal mining activities, unreliable infrastructure, worker safety and operational security — these are some of the many issues the South African mining industry faces. They threaten the industry’s ability to capitalise on countless opportunities and realities that could drive… Continue reading “Investing in African Mining Indaba” Focused on Infrastructure and Illegal Mining
Mozambique Prioritizes Terrorism As It Takes Over Presidency of UN Security Council
Mozambique takes over the rotating month-long presidency of the UN Security Council for the first time on 1 March, determined to raise the alarm bell over the rising threat that terrorism poses to the entire continent. The case of Mozambique, whose northernmost province, Cabo Delgado, has been the scene of terrorist attacks by Islamic extremists… Continue reading Mozambique Prioritizes Terrorism As It Takes Over Presidency of UN Security Council
UN Secretary General Guterres Concerned About Rise in Violence in Africa
UN Secretary-General Antonio Guterres said on Saturday that Africa needed “action for peace” to combat rising violence and promote democratic freedoms on the continent. “I am deeply concerned about the recent rise in violence by armed groups in the eastern Democratic Republic of the Congo and the rise of terrorist groups in the Sahel and… Continue reading UN Secretary General Guterres Concerned About Rise in Violence in Africa
German Airport IT Systems Targeted in Cyber Attack
The websites of seven German airports were hit by a suspected cyber attack on Thursday, the ADV airport association said, a day after a major IT failure at Lufthansa (LHAG.DE) left thousands of passengers stranded. Among the airports affected were Dusseldorf, Nuremberg and Dortmund, but websites for Germany’s biggest airports in Frankfurt, Munich and Berlin were operating normally. It… Continue reading German Airport IT Systems Targeted in Cyber Attack
African Union Summit Opens — “African Solutions To African Problems”
The opening ceremony of the 36th African Union Summit in Addis Ababa, Ethiopia began on a high note with the usual pomp and chaos on Wednesday, as leaders looked to discuss combatting terrorism amidst the rising instability across the continent. While the official theme of the summit in 2023 is “The Year of AfCFTA: Acceleration… Continue reading African Union Summit Opens — “African Solutions To African Problems”
UMBRA Enhances National Defense With Predictive Analytics
Today, many organizations contend that their custom-built point solutions are still suited to manage their data. The challenge they tend to create is an inability to track the overall flow of data. That not only limits the ability to confirm data provenance, but in case of a breach it becomes more difficult, if not impossible,… Continue reading UMBRA Enhances National Defense With Predictive Analytics
Critical Infrastructure at Risk from New Vulnerabilities Found in Industrial IoT Devices
A set of 38 security vulnerabilities has been uncovered in wireless industrial internet of things (IIoT) devices from four different vendors that could pose a significant attack surface for threat actors looking to exploit operational technology (OT) environments. Threat actors can exploit vulnerabilities in Wireless IIoT devices to gain initial access to internal OT networks.… Continue reading Critical Infrastructure at Risk from New Vulnerabilities Found in Industrial IoT Devices