Wednesday, May 23Always On-point

Gizmos

Millions of high-security crypto keys crippled by newly discovered flaw

Millions of high-security crypto keys crippled by newly discovered flaw

Entertainment, Gizmos, Security
Factorization weakness lets attackers impersonate key holders and decrypt their data. Enlarge / 750,000 Estonian cards that look like this use a 2048-bit RSA key that can be factored in a matter of days. Steve Jurvetson 37 A crippling flaw in a widely used code library has fatally undermined the security of millions of encryption keys used in some of the highest-stakes settings, including national identity cards, software- and application-signing, and trusted platform modules protecting government and corporate computers. The weakness allows attackers to calculate the private portion of any vulnerable key using nothing more than the corresponding public portion. Hackers can then use the private key to impersonate key owners, decrypt sensitive data, sneak malicious code into digita...
Banks take on mobile providers for Africa’s payments market

Banks take on mobile providers for Africa’s payments market

Gizmos, Mobile Money
Africa has emerged as the global leader in mobile money - thanks in part to a history of being underbanked - but phone companies are starting to see their lead in payments challenged. For 10 years, mobile network operators have dominated the mobile money services market in Africa, however fintech companies and banks are beginning to establish a solid stake in the market, according to McKinsey consultants. Mobile money is the ability of consumers to send, receive, and store money using their mobile phones. Just over 50pc of the 282 mobile-money services operating worldwide are located in sub-Saharan Africa, according to the global mobile operator representative GSMA. After a late start, a number of banks in Africa are beginning to compete aggressively for the mobile-banking customer, ...
Stirring up e-commerce in South Africa

Stirring up e-commerce in South Africa

Applications, Entertainment, Gizmos
  One of South Africa’s top e-commerce companies and most-loved brands continues to set the standard for online businesses as recognised by uAfrica’s eCommerce Awards. Investec’s blog recently featured an interview with Andrew Smith, co-founder and CEO of Yuppiechef, where he shares his views on how to forge ahead and be remarkable when it comes to delivering online. What is your take on the South African e-commerce landscape? E-commerce in South Africa is growing fast and certainly getting a lot more attention than it did a few years ago but it is still a tiny fraction of all retail – around 1% of South Africa’s R500bn (US$38bn) total. For the last two decades, e-commerce was mostly about the pure-play pioneers such as Kalahari and Netflorist, and more recently Takealo
Ghana’s Dext Technology to represent Africa at ISHOW 2017

Ghana’s Dext Technology to represent Africa at ISHOW 2017

Gizmos, Start Ups, What's Hot
Ghanaian hardware startup, DEXT Technology is among 3 innovative start-ups selected to represent Africa in this year’s Innovative Showcase(ISHOW), a global competition for hardware-led social innovations. The competition, organized by the American Society of Mechanical Engineers (ASME) is scheduled to take place in the USA from the 18th to the 20th of October 2017. ISHOW is open to individuals and organizations taking physical products that will have social impact  to the market. Dext  Technology became part of the competition after going through the first event held in Kenya in May 2017.   The competition and event will feature start-ups from various countries, and Ghana’s team DEXT - made up of Charles Ofori Antipem and Micheal Asante-Afrifa (designers of
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