Altron reports increase in revenue

Allied Electronics Corporation (Altron) has reported a 6% increase in revenue to R14,2-billion in its interim results for the six months ended 31 August 2014. Normalised EBITDA showed a decline of 10% from R871-million to R784-million. Headline earnings per share...

Oracle tool lets users develop mobile apps

Oracle has previewed its Mobile Application Accelerator, a new capability in Oracle Mobile Cloud Service. Mobile Application Accelerator is a cloud-based offering that brings mobile application development capabilities to professionals with no previous software...

Low Internet rates from OpenWeb

Internet service provider (ISP) OpenWeb has announced the launch of its range of Priority Capped Unshaped ADSL packages, offering rates as low as R0.98c per Gb. According to Keoma Wright, founder of OpenWeb, the ISP has noted a shift in the market from Uncapped to...

Kaspersky, Interpol uncover ATM fraud

Kaspersky Lab’s experts performed a forensic investigation into cybercriminal attacks targeting multiple ATMs around the world. During the course of this investigation, the company’s researchers discovered a piece of malware infecting ATMs that allowed attackers to...

Credit card fraud on the decrease

FNB and Visa have reported a 15% reduction in credit card fraud. This is according to research on fraud awareness ad card fraud trends carried out by Columinate, and launched at the launch of the 10th Annual Card Security Week (CSW). “We found that while the overall...