Author: Alex Reece

African Accelerators increasingly targeting niche programmes

African Accelerators increasingly targeting niche programmes

Business, Internet
Accelerator programmes in Africa are increasingly going niche, targeting specific programmes targeted at startups in spaces such as fintech and health, instead of following the more traditional 500 Startups, Y Combinator, or, in Africa, 88mph models. But why are niche programmes suddenly so in vogue on the continent? Has the landscape changed since 88mph departed the scene after programmes in Kenya, South Africa and Nigeria that had mixed success? Do we yet know the real ingredients for a successful African accelerator? Adedana Ashebir is regional manager for Africa at Village Capital, which has run a host of focused accelerators across the continent, most recently a fintech programme with PayPal. She said niche accelerators allow entrepreneurs to share best practices and lessons lea...
Facebook makes a u-turn, European Parliament grilling of Mark Zuckerberg will now belivestreamed

Facebook makes a u-turn, European Parliament grilling of Mark Zuckerberg will now belivestreamed

Governance, Internet
In a change of plan, the public will now be able to livestream and watch  Mark Zuckerberg's response to European Parliament leaders' privacy concerns. The body's president, Antonio Tajani, has tweeted that tomorrow's 75-minute meeting would be livestreamed. Earlier, news that the Facebook chief's meeting with the parliament's political group leaders would be in private, had been criticised. Facebook has repeatedly declined to allow British MPs to quiz Mr Zuckerberg about the Cambridge Analytica scandal, in which millions of users' personal data was shared with a political consultancy in breach of the social network's rules. "The data breach affected over one million UK Facebook users," tweeted Damian Collins - chairman of the Digital, Culture, Media and Sport Select Committee - over
Researchers discover AdultSwine Malware hiding on 60 Gaming Apps on Google Play

Researchers discover AdultSwine Malware hiding on 60 Gaming Apps on Google Play

Cyber Security, Mobile
Check Point Researchers have revealed a new and nasty malicious code on Google Play Store that hides itself inside roughly 60 game apps, several of which are intended used by children. According to Google Play’s data, the apps have been downloaded between 3 million and 7 million times. Dubbed ‘AdultSwine’, these malicious apps wreak havoc in three possible ways: 1. Displaying ads from the web that are often highly inappropriate and pornographic. 2. Attempting to trick users into installing fake ‘security apps’. 3. Inducing users to register to premium services at the user’s expense. In addition, the malicious code can move laterally within the infrastructure of the phone, opening the door for other attacks such as user credential theft. How It Works Once the infected app is
80% of UK business leaders worry about where their data stored in the cloud

80% of UK business leaders worry about where their data stored in the cloud

Business, Mobile, Technology
IBM may have its head in the cloud with their latest European Iaas capabilities going live today, but a new survey from the tech giant digs deeper into data security concerns. As ever, cyber security is a persistent concern for would-be cloud customers, with 57% of IT decision makers citing it as the main barrier for adoption. Indeed, 90% of UK IT decision makers expressed concern that their firm will be the target of a malicious attack. This fear may well prove justified, given a recent CA Veracode survey which found just 50% of business leaders were knowledgeable about the risks posed by software flaws. In the same survey, just one in three respondents had heard of WannaCry ransomware which infected Microsoft PCs in 150 countries during May. Encouragingly, IBM found that just 9%...

57 million customer Uber data breach didn’t affect Africa

Startups, Technology
Taxi-hailing company Uber has told ITWeb Africa that a recently surfaced data breach, which the company experienced last year affecting 57 million customers and drivers, only affected the US. The company would not comment or disclose details of measures it is currently taking to ensure the integrity of its systems and security of drivers or riders in Africa. Bloomberg reported that Uber not only kept the security breach secret from the victims, but also paid the hackers US$100,000 to "delete the data [and] keep quiet." Bloomberg quotes Uber as follows: "Compromised data from the October 2016 attack included names, email addresses and phone numbers of 50 million Uber riders around the world...The personal information of about 7 million drivers was accessed as well, including some 6...