January 8th, 2020 — Miscellaneous
The cyber hacking saga at Travelex continues as media reports now suggest the international foreign currency dealer has fallen prey to a ransomware attack with a group called Sodinokibi claiming responsibility for the incident and demanding a US$6 million payment to restore systems.
January 3rd, 2020 — Miscellaneous
Travelex, the international foreign currency seller suffered a software virus attack on New Year’s Eve and has been forced to take down its website as a result of the incident. The company has resorted to carrying out transactions manually, providing foreign exchange services over the counter in its branches.
December 20th, 2019 — Miscellaneous
Phuthuma Nhleko, the MTN Group CEO who led the company on an acquisition trail that turned it into an emerging markets powerhouse, has stepped down from its board of directors. Nhleko, who has served as MTN’s chairman since 2015 after relinquishing the CEO role in 2011, resigned this week as non-executive chairman.
November 26th, 2019 — Miscellaneous
Ericsson expects the global number of 5G subscriptions to top 2.6 billion within the next six years, according to its November 2019 edition of the Ericson Mobility Report.
November 11th, 2019 — Miscellaneous
I was recently visiting London and came away surprised by just how far the awareness-raising campaign for Expo 2020 has broken through internationally. Billboards and prime-time television commercial spots communicated the virtues of the upcoming “world’s greatest show,” which at fewer than 50 weeks away, is fast becoming a reality.
Saudi Arabia’s Communications and Information Technology Commission (CITC) has tendered two new mobile virtual network operator (MVNO) licenses, which “will likely boost investment opportunities in the telecom industry, support entrepreneurship and enhance the content industry as well as service diversification,” CITC Governor, Mohammed Altamimi is quoted as saying.
Orange has officially inaugurated its new Middle East and Africa (MEA) operational head office in Casablanca, Morocco from where it will direct activities across its 18 countries of presence in the region. The operator counted a total of 125 million customers in the MEA as of October 30, 2019.
The Dubai Financial Services Authority (DFSA) has announced plans to launch a cyber threat intelligence platform to help firms in the Dubai International Financial Centre (DIFC) implement appropriate safeguards to mitigate cyber risks. The platform is the result of cooperation and collaboration with the Dubai Electronic Security Centre (DESC), the National Computer Emergency Response Team […]
Saudi Arabia telco STC has launched a new unified brand identity across Saudi Arabia, Kuwait, and Bahrain to enhance its performance and role as a leading digital enabler in the region. The telco was established in 1998, and its refreshed brand identity marks a transformational new journey in digital services as the telco moves into […]
MTN Group’s mobile money service is set to go live in January 2020 in South Africa, allowing customers to send, receive, save money and pay for goods using their mobile phones.
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