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All posts tagged "Security"

  • Impact Beyond Innovation: How Lumkani’s fire detection system is saving lives

    Impact Beyond Innovation is an article series that features startups from Africa putting social good at the forefront of their business models. In 2013, the thesis research of Lumkani co-founder Francois Petousis was accelerated because of a massive fire in the BM section of Khayelitsha that left over 4 000 people homeless. Petousis and UCT engineering lecturer Samuel Ginsberg then knew the project they were working on could have a massive impact -- and not just in South Africa but in any dense township areas across the globe. Soon they were joined by Paul Mesarcik, David Gluckman, Max Basle and Emily Vining,...

  • PayGate wants to simplify online retailers’ security and payment solutions

    Whether small or big, your online business is always susceptible to fraud or data breaches. As a report suggested last year, cyber attacks don't discriminate. Security rules and regulations have thus become more strict over the years and cumbersome for many businesses. PayGate is one of those payment services that sits on the right side of the security fence that wants to simplify this aspect of running a business. Quite often overlooked, Harvey explains why having a secure online payment solution is necessary. Businesses have to adhere to certain standards and practices specified by the Payment Card Industry Data...

  • Online banking security company Entersekt, wins Frost & Sullivan Award

    Online banking security company Entersekt, has today been awarded the 2013 South African Frost & Sullivan Award for Technology Leadership for its innovations in providing easy-to-use and secure mobile banking solutions. Transakt, as its app is called, offers an alternative method to online banking that claims to eliminate fraud and enhance transaction convenience of both the bank and customer. Frost & Sullivan Research Analyst Lehlohonolo Mokenela notes that Entersekt has received accreditation from the world's largest payments networks American Express, MasterCard, and Visa and is the first and only company in Africa to earn all three of these certifications....

  • IMPI: Is this SA startup going to become the Symantec of the mobile age?

    With its growing popularity, the Android mobile platform, much like Windows, is rising to number one on the cybercriminal hit list. At the end of 2012, Trend Micro reported 350 000 "malicious" and "high-risk" Android apps -- up from a mere 1 000 in 2011. The security firm notes that it took Windows 14 years to reach this threat level, while Android managed it in three. What types of carnage did mobile malware cause? While 605 new malicious families were detected in 2012, the most common type was the "premium service" abuser. This type of malware sends text messages to...