If you were caught up in the Bitcoin hype and invested some of your hard-earned money in recent months, you might feel shocked and disheartened to learn that some of the investment companies “selling” Bitcoin and other crypto currencies were/are nothing more than a scam.
Bitcoin is a cryptocurrency, founded in 2009 by Satoshi Nakamoto. It is an entirely digital form of currency. Unlike physical currency, you cannot carry it around in your wallet. Believe it or not, Bitcoin has established itself to a point where you can now buy groceries and clothing with it, just as you would with … Continue reading Bitcoin Mania: the Cryptocurrency Explained
Key Fintech Trends in 2024 2024 is off to an exciting start, and the fintech industry is expecting huge changes this year. From digital currencies to AI and biometric security verification, 2024 is expected to bring about some of the biggest changes in the sector in recent memory. If you or your clients are part … Continue reading Fintech Trends 2024 | Cybersecurity
The Most Daring Online Scams At Soteria we work around the clock to help companies secure their data and prevent cyberattacks, and we will be the first to say that data security is no laughing matter. Except when it is. Hackers may be our sworn enemies, but we have to admit that some of the … Continue reading Hackers and daring online scams | Cybersecurity
Ransomware Driving Crime – Porsche SA Hits the Brakes After Faust Attack High profile cyber attacks on prominent companies continue with no end in sight, and the famous luxury sports car manufacturer Porsche has become their latest victim. Known for its fast, high performance cars that combine speed and styling, Porsche South Africa saw its … Continue reading Ransomware Driving Crime | Ransomware
Shoprite the latest victim of data leak crime wave Millions of South Africans trust Shoprite, South Africa’s largest supermarket group, to bring them great deals on groceries and household items. Social media was abuzz in June when the retailer suffered a major data breach exposing personal details of its money transfer clients. The cyberattack carried … Continue reading Shoprite Data Leak | Data theft
Breaking down the metaverse, digital real estate and NFTs Facebook has been travelling a rocky road over the past few years and the end of 2021 was no different with the announcement of a name change. The app’s parent company, now named Meta, is hoping to repeat the success of its early years as a … Continue reading The Metaverse 101 – Digital Buzzwords 2022
With 2021 just around the corner, people are beginning to look to the big names in the digital world for their intended updates to their business model. PayPal is one big name that’s not planning to disappoint. In fact, the company has great plans for its digital wallet platform as well as its various apps. … Continue reading PayPal Plans for 2021 to Include Global Crypto Currency
It’s really no surprise that ransomware is on the rise! Although, one would think that in 2020, with all the security measures available to thwart off the efforts of opportunistic cybercriminals, we would be wise to their attacks. The fact of the matter is that security is mostly fine. In most instances, it is human … Continue reading Ransomware on the Rise in 2020 – Reduce the Risk
“We don’t negotiate with terrorists” is the type of thing you expect to hear on a fast-paced, action movie. This, however, is the very same stance that the City of Johannesburg took with the “Shadow Kill Hackers” who demanded 4 bitcoins (amounting to approximately half a million rand) from the City in October. This is … Continue reading Joburgers say “We Will Not Pay”, as City Uncovers Hacking Details
