Tag Archives: CIO

African companies should not just go for outsourcing because it is a stop gap arrangement or for economies of scale, but because they are paying a premium for this service and it offers access to an ecosystem of talent and support, says Craig Allen at qwerti.

More than $460 billion. That is the combined revenue of IT outsourcing across the key segments of administration, application, web hosting, SaaS and adjacent services in 2023. This vast, sprawling market designed to lift and shift the burdens from organisational shoulders has grown considerably over the past year. On a par with the trends of artificial intelligence, blockchain and cloud computing, IT outsourcing has slipped into the cracks and fixed the gaps for IT teams and organisations.

Companies can tap into a…

A hot potato: Could the TikTok bill, which would force owner ByteDance to sell the app or face a block from US app stores and web hosting platforms, become law? Former White House Chief Information Officer (CIO) Theresa Payton warns that US tech firms should prepare for the worst as ByteDance may not willingly divest its wildly popular app.

The Protecting Americans from Foreign Adversary Controlled Applications Act was passed by Congress last month. If it comes into effect, Chinese owner ByteDance will be forced to divest TikTok within about 180 days; otherwise, the app will be blocked in the US. That could involve ISPs blocking traffic to TikTok, social networks might be forced to stop videos from the app being shared, and app stores will have to put TikTok on the banned…

Leading perpetrator of online investment scams, which cost Australians and New Zealanders billions of dollars, unmasked in new report.

Infoblox has released a report unmasking Savvy Seahorse as a leading perpetrator of online cybercriminal investment scam websites.

The threat actor has operated in the shadows since at least 2021 and its target victims include people in Australia and New Zealand (A/NZ).

Savvy Seahorse uses Facebook ads to lure in victims and convince them to open accounts, make deposits and invest in companies including Tesla and Meta.

Once deposited, the cybercriminal gang then transfers the funds to a bank in Russia.

Its tactics, techniques, and procedures (TTPs) also include ChatGPT and WhatsApp bots imitating online webchats to encourage victims…