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Internal cyber threats loom large in SA companies

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At its recent Cyber Security Weekend, Kaspersky Lab revealed that South Africa ranks high in the number of users affected by local threats.

In the third quarter of 2016, 33% of computer users in Europe and South Africa encountered security incidents related to local networks and removable media, and 15% faced web related threats, according to Kaspersky Lab’s analysis of IT threats.

The global cybersecurity company spelled out the implications of these numbers at its annual European Cyber Security Weekend in Malta from 20 to 23 October. The event brought together company experts, guest speakers from the Dutch National Police, journalists and business guests from across the European region, as well as Israel and South Africa.

Statistics from Kaspersky’s cloud service (Kaspersky Security Network) for July to September 2016 show that the Ukraine continues to have the highest number of users affected by local – i.e. internal company network – threats (57.9%), followed by Israel (38.5%), Serbia and Greece (37.6%), and South Africa (36%). The highest number of web threat incidents were reported in Slovenia (23.9% of KSN users) and Ukraine (21.8%), followed by Spain and Greece. The Netherlands, South Africa, the United Kingdom and the Czech Republic have somewhat lower threat levels: 7 to 10% of users were affected by online threats in those countries.

“Cyber threats evolve alongside technology, impacting all spheres of individual and business experience,” said Marco Preuss, director of Kaspersky Lab’s Global Research and Analysis Team Europe. “Aside from simply rapidly multiplying, malware is also becoming more sophisticated, inflicting more damage. Ransomware is developing especially fast and is one of the main current IT threats. Our survey shows that 40% of users today are paying a ransom when their data is encrypted, which only serves to indulge the cyber criminals.

“Also, new risks, inspired by the Internet of Things, are appearing on the horizon; we have already seen how Smart TVs can be used to spy on their owners and how a smart door can be unlocked for unauthorised people. It’s imperative we prepare for both the current and future risks posed by these new devices.”

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In 2015 and early 2016, Kaspersky Lab registered more than 2 million cyber incidents involving ransomware, many of which have drawn a wide public response. Compared to the period of 2014-2015, the number of ransomware-based attacks on the corporate sector increased sixfold. Kaspersky Lab experts expect that with the increasing usage of ransomware by cybercriminals, this type of malware could even surpass banking Trojans.

According to the 2016 Corporate IT security Risks Survey, 20% of businesses across the world experienced a ransomware attack in the last 12 months. In Europe this problem appears to be even more prevalent with 28% of companies having experienced a threat. As for South Africa, the rate here is slightly lower – 19%. Ransomware is not only limited to PC users, but is also well developed on mobile platforms; in the second quarter of 2016 we detected 83,048 malicious installation packages developed for mobile.

To help more companies reduce the risk of ransomware infection, Kaspersky Lab has released a free Anti-Ransomware Tool for Business, along with special anti-ransomware features in its key solutions. As well as this, Kaspersky Lab, together with Europol, Dutch National Police and Intel Security, has launched the No More Ransom project – an online portal (www.nomoreransom.org) aimed at informing the public about the dangers of ransomware and helping victims to recover their data without having to pay a ransom to the cybercriminals. Among its current members are 14 different countries’ national law enforcement agencies.

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Naspers feeds into Latin America’s tech funding

Movile will get $400m funding from the SA-based technology investment giant for iFood expansion.

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Movile is to receive US$500-million in funding for iFood in the largest tech funding in Latin America to date. Naspers and Innova Capital have committed to invest $400m of new capital into Movile to use for further investment in iFood, the leading online food delivery platform in Latin America, of which Movile is a majority shareholder.  

Movile and Just Eat have already invested $100m in iFood during 2018. iFood’s extraordinary growth and the vast market opportunity in Brazil and more broadly in Latin America has driven the increased investment commitment. 

iFood’s monthly orders in Brazil have fed more than 9 million customers in the past twelve months, 16 times the nearest online competitor, in terms of daily active users. This means its partner restaurants are serving the biggest population of consumers ordering food in Latin America. iFood has 50 000 restaurant partners and uses 120 000 couriers. 

The increased investment commitment from Naspers, Innova and Movile is expected to accelerate growth, speed up product development and innovation, and fuel geographical expansion for iFood across the region. The company’s vision is to gain deeper knowledge of consumers through artificial intelligence technology, to personalise the food delivery experience – and at a reduced price, because of improved logistics. 

“Movile is very fortunate to have long-term investors who have supported us for the past decade to help achieve our goal of transforming the lives of more than one billion people and thus we are able to continually back iFood to ensure it remains the market leader,” said Fabricio Bloisi, Movile CEO. 

“Our entire ecosystem of companies is focused on allocating resources and energy towards our one billion people goal. iFood is leading the way, fueling unprecedented growth through its innovative technology platform, providing consumers, couriers and restaurants with the best experience in food ordering and delivery.”  

Larry Illg, CEO of Naspers Ventures, said: “iFood has established itself as a technology leader in Latin America and its success stacks up with some of the most innovative food companies that are leading regions in North America, Europe and Asia.  We have been impressed by their execution in Brazil and remain committed to backing the company on its path to transform the entire food chain to better serve consumers.” 

Online food delivery is experiencing massive expansion globally. According to latest reported results, Grubhub grew daily average orders 39% year-on-year, reaching over 416 000 orders per day. In Latin America, iFood has reached 390 000 orders per day just in Brazil in the last week of October, compared with 183 000 in October 2017, representing 109% growth.

iFood CEO Carlos Moyses said: “We want our consumers to have an amazing delivery experience from the moment they order their food to the moment it arrives. Our partners – the restaurants and delivery fleet – make that happen by living our purpose of improving people’s lives using our services.

“iFood exists for our customers and, with an increased investment commitment of this size, we will be able to build out our state of the art technology platform, and increase our courier and restaurant partners to even better serve our current and future customers in Latin America.”

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Hide your sheep, Spyro is reigniting

Spyro, the iconic purple dragon that entertained living rooms worldwide in the late ‘90s, is making a return with the release of Spyro Reignited Trilogy.

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Spyro Reignited Trilogy introduces players to a fully remastered game collection with a re-imagined cast of characters, animations, environments, new lighting and recreated cinematics—all inHD.  Now fans can explore more than 100 lush environments filled with new detail, that brings the Dragon Realms and Avalar to life . The trilogy is available for PlayStation 4, PlayStation 4 Pro and the family of Xbox One devices from Microsoft, including the Xbox One X.

South African distributors Megarom provided the followjng information:

In Spyro Reignited Trilogy, lead developer Toys For Bob is giving fans an all scaled-up version of the original three Spyro games that started it all, Spyro the Dragon, Spyro 2: Ripto’s Rage! and Spyro: Year of the Dragon, but with a modern-day feel that makes it fresh and fun for today’s player. Adding to the fun, voice actor Tom Kenny is returning to the franchise as the voice of Spyro in all three remastered games. Longtime fans will be treated to Toys For Bob’s reimagined version of the classic soundtracks, in addition to an all-new title-screen theme from original soundtrack composer Stewart Copeland.

Additionally, the new game brings an in-game audio feature that allows players to switch between the original and the newly remastered soundtracks, for those who want a more classic gameplay experience. Players can simply fly in to the “options menu” at any time during gameplay, unleash their preferred nostalgic or scaled-up groove, and glide right back into the Spyro action without losing saved data.

“It’s been a real pleasure to bring back one of most iconic video game characters of all time through the Spyro Reignited Trilogy,” said Paul Yan, Co-Studio Head at Toys For Bob. “We’ve poured everything we’ve got into making sure every detail was done right to deliver a great Spyro experience for fans. We hope players will have as much fun revisiting the Spyro world and characters as we did remastering them.”

In the road up to the official release of Spyro Reignited Trilogy, Activision Publishing, Inc., a wholly owned subsidiary of Activision Blizzard, created a first-of-its-kind, life-sized, fire-breathing and talking Spyro Dragon drone. The drone took off from “Stone Hill” castle near New York City, spreading his wings across the U.S. to explore the cities and iconic landscapes that resemble levels and themes from the original Spyro games. As part of the tour, the Spyro drone chased sheep, fired up some BBQ and delivered an early copy of Spyro Reignited Trilogy to fellow O.G. and entertainment icon, Snoop Dogg. Highlights from the Spyro drone’s delivery to Snoop Dogg can be found here.

“Fans have been asking Activision to bring Spyro back for some time now. The response to Spyro Reignited Trilogy has been great thus far, and we’re absolutely thrilled that we’re able to continue to reimagine and reinvigorate some of the most iconic videogames and characters of all time with our remastered experiences,” said Steve Young, Chief Revenue Officer at Activision. “With this year being the 20th anniversary of Spyro, there’s no better time to pay homage to everyone’s favorite purple dragon.”

The Spyro community is invited to geek out and elevate their fandom even further through the elite global partnerships from the Activision Blizzard Consumer Products Group (ABCPG). Collaborations with Funko, Traly Pins, Exquisite Gaming, KidRobot, USAopoly, Trends International, Rubber Road, and Changes have created new avenues for fans to share their love for the return of Spyro, the original roast master. Spyro consumer products across apparel, collectibles, figurines and more are now available at retailers worldwide. Fans can also take advantage of the GameStop exclusive Spyro TOTAKU Collection.

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