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JSE gets high speed fibre

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Teraco has announced that a high speed, low-latency fibre link between the Johannesburg Stock Exchange and the Teraco Isando data centre in Johannesburg has been completed by Dark Fibre Africa.

Jan Hnizdo, chief financial officer, Teraco, says: “The route, which spans 32 km, enables the Teraco community to provide capital market participants with solutions for high-bandwidth, low-latency connectivity. In real terms, this link offers a sub-500 microsecond round trip and is a virtual extension of the JSE’s ‘meet me room’ into Teraco.”

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Jan Hnizdo, chief financial officer of Teraco

He says that the new route is significant for all capital market participants including brokers, traders, market data providers and the carriers that service the capital markets ecosystem as it provides them direct access to the JSE and the additional choice of connecting with more than 150 network and connectivity providers, covering local and international markets including the whole of Africa. “Teraco is an African and international connectivity gateway. We provide access to over 150 international and local telecommunications companies, including the submarine cables landing in South Africa.”

Teraco assists South African capital market participants with access to local and global financial markets. Connectivity to global data centers and Internet exchanges of financial importance are seamlessly achieved with a single deployment. Teraco’s interconnects have grown to almost 5 000 in less than five years, greatly assisting in growing the local financial ecosystem.

“As the recognised African leader in data centre infrastructure, Teraco provides the type of high-quality hosting and access to connectivity that is required by financial institutions to grow their market share and operate in local and global financial markets” says Hnizdo.

Teraco is currently busy with the construction of its 2nd data centre in Johannesburg, bringing its total ICT infrastructure investment to over R1 billion. Upon completion, Teraco will be Africa’s largest mega data centre: “We are confident that Teraco will continue to grow and significantly improve the course of the Internet and business in Africa,” concludes Hnizdo.

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Samsung unfolds the future

At the #Unpacked launch, Samsung delivered the world’s first foldable phone from a major brand. ARTHUR GOLDSTUCK tried it out.

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Everything that could be known about the new Samsung Galaxy S10 range, launched on Wednesday in San Francisco, seems to have been known before the event.

Most predictions were spot-on, including those in Gadget (see our preview here), thanks to a series of leaks so large, they competed with the hole an iceberg made in the Titanic.

The big surprise was that there was a big surprise. While it was widely expected that Samsung would announce a foldable phone, few predicted what would emerge from that announcement. About the only thing that was guessed right was the name: Galaxy Fold.

The real surprise was the versatility of the foldable phone, and the fact that units were available at the launch. During the Johannesburg event, at which the San Francisco launch was streamed live, small groups of media took turns to enter a private Fold viewing area where photos were banned, personal phones had to be handed in, and the Fold could be tried out under close supervision.

The first impression is of a compact smartphone with a relatively small screen on the front – it measures 4.6-inches – and a second layer of phone at the back. With a click of a button, the phone folds out to reveal a 7.3-inch inside screen – the equivalent of a mini tablet.

The fold itself is based on a sophisticated hinge design that probably took more engineering than the foldable display. The result is a large screen with no visible seam.

The device introduces the concept of “app continuity”, which means an app can be opened on the front and, in mid-use, if the handset is folded open, continue on the inside from where the user left off on the front. The difference is that the app will the have far more space for viewing or other activity.

Click here to read about the app experience on the inside of the Fold.

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Password managers don’t protect you from hackers

Using a password manager to protect yourself online? Research reveals serious weaknesses…

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Top password manager products have fundamental flaws that expose the data they are designed to protect, rendering them no more secure than saving passwords in a text file, according to a new study by researchers at Independent Security Evaluators (ISE).

“100 percent of the products that ISE analyzed failed to provide the security to safeguard a user’s passwords as advertised,” says ISE CEO Stephen Bono. “Although password managers provide some utility for storing login/passwords and limit password reuse, these applications are a vulnerable target for the mass collection of this data through malicious hacking campaigns.”

In the new report titled “Under the Hood of Secrets Management,” ISE researchers revealed serious weaknesses with top password managers: 1Password, Dashlane, KeePass and LastPass.  ISE examined the underlying functionality of these products on Windows 10 to understand how users’ secrets are stored even when the password manager is locked. More than 60 million individuals 93,000 businesses worldwide rely on password managers. Click here for a copy of the report.

Password managers are marketed as a solution to eliminate the security risks of storing passwords or secrets for applications and browsers in plain text documents. Having previously examined these and other password managers, ISE researchers expected an improved level of security standards preventing malicious credential extraction. Instead ISE found just the opposite. 

Click here to read the findings from the report.

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