Business 18.6.2018 03:37 pm

‘I am very worried,’ says cybersecurity expert on Liberty hack

The financial services firm has tried to reassure the market, but an IT expert predicts the company will be ‘raked over the coals’.

A cybersecurity expert has questioned the security measures Liberty put in place prior to a data leak that has put the information of its customers at risk.

‘I am very worried,’ says cybersecurity expert on Liberty hack
‘I am very worried,’ says cybersecurity expert on Liberty hack

‘I am very worried,’ says cybersecurity expert on Liberty hack

The financial services firm has tried to reassure the market, but an IT expert predicts the company will be ‘raked over the coals’.

Liberty share price tumbles 4% after data breach scandal
Business

Liberty share price tumbles 4% after data breach scandal

Liberty says it was at an advanced stage of investigating the extent of the data breach.
Audi boss arrested for fraud
Business

Audi boss arrested for fraud

Audi has long faced suspicions that its engineers developed the fraudulent software used in the scam.
Capitec makes nonbinding offer to purchase Mercantile
Business

Capitec makes nonbinding offer to purchase Mercantile

Capitec is one of a number of interested parties whose nonbinding offers to purchase Mercantile have been accepted, the bank said.
Cement firm PPC says headline earnings up 114 percent, revenue rises on stronger rand
Business

Cement firm PPC says headline earnings up 114 percent, revenue rises on stronger rand

The company’s CEO says the performance of the company has been resilient against the backdrop of challenging economic and political environments in markets in which it operates.
A time for cool heads and cautious optimism
Business

A time for cool heads and cautious optimism

Shopping in the unloved ‘value’ rather than ‘growth’ part of the market can lead to better opportunities.
Industry 4.0: SA companies to spend R6bn a year until 2020
Business

Industry 4.0: SA companies to spend R6bn a year until 2020

Ignore Industry 4.0 at your peril – PwC survey.
Minerals Council against 5% free carried interest
Business

Minerals Council against 5% free carried interest

But Mantashe says they agreed in principle …
Liberty won’t pay hackers’ ransom
Business

Liberty won’t pay hackers’ ransom

Financial services group faces data breach scandal as client information is held to ransom.
Nene extends Acting Sars Commissioner’s term
Business

Nene extends Acting Sars Commissioner’s term

No permanent appointment can be made until there is a vacancy – Treasury.
What Eskom workers really earn
Business

What Eskom workers really earn

But remember the bonuses …
Mining charter in current form won’t promote growth – Minerals Council SA
Business

Mining charter in current form won’t promote growth – Minerals Council SA

The council believes Gwede Mantashe’s new version is better, but won’t be good for competition.
Mantashe walks a tightrope with Mining Charter draft
Business

Mantashe walks a tightrope with Mining Charter draft

Mantashe’s Mining Charter must try to balance the interests of investors with the ANC’s radical economic transformation goals.
Why R18 or more per litre for fuel is not far off
Business

Why R18 or more per litre for fuel is not far off

New and increased taxes from government will be main culprits burning through your wallet.
Expensive gadgets and toys – the insurance implications
Business

Expensive gadgets and toys – the insurance implications

Gadgets such as a Fitbit or smartwatch should be insured in the All Risks section of your policy.
You’d have to be very brave to invest in North Korea
Business

You’d have to be very brave to invest in North Korea

Even if sanctions are lifted, ‘it’s basically a police state and you have a long way to go to North Korea becoming a normal economy’.
Give Dad a gift that keeps giving
Business

Give Dad a gift that keeps giving

It is never too late for your dad to improve his retirement outcome.
Fitch Ratings affirms SA’s junk status, with stable outlook
Business

Fitch Ratings affirms SA’s junk status, with stable outlook

Financial challenges at key state-owned enterprises remain substantial and government debt has yet to stabilise, the rating agency said.
What’s wrong with BEE?
Business

What’s wrong with BEE?

Vodacom shares experienced a selloff after the company unveiled SA’s biggest ever telecoms black empowerment deal.
South Africa’s investment appeal continues to be sabotaged
Business

South Africa’s investment appeal continues to be sabotaged

There is a lack of understanding of the obstacles that an incoherent government policy creates.
Governments and entrepreneurship
Business

Governments and entrepreneurship

The Holy Grail of purpose that should apply to all business – that of serving its market or customers – must equally apply to government.
Nersa leaves Eskom in R34 billion lurch
Business

Nersa leaves Eskom in R34 billion lurch

Consumers to pay Eskom R32.7 billion more.
Star: the curse of an embarrassing parent
Business

Star: the curse of an embarrassing parent

Can Steinhoff Africa Retail emerge unscathed when the market wants little to do with anything in the Steinhoff stable?
Eskom wage bill growth unsustainable – Mike Brown
Business

Eskom wage bill growth unsustainable – Mike Brown

Nedbank Group CEO warns of challenges ahead.
FSCA halts regulatory exams at the FPI
Business

FSCA halts regulatory exams at the FPI

Investigation into allegations of irregularities underway.

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