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Why business strategy MUST include cybersecurity

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By Clayton Naidoo, general manager for Cisco Southern Africa

Relentless cyber criminals are becoming smarter and more resourceful by the day. 2018 taught us many lessons and one of them is that companies cannot afford to develop business strategies without cybersecurity being at the heart of it. Many companies that became victims of cyber-attacks witnessed first-hand how difficult, time-consuming and expensive it is to recover from, if at all. Cybersecurity breaches can leave lasting damages not only to the company’s reputation, but its clients.

Let’s look at research in South Africa for a second. It recorded the third highest number of cybercrime victims worldwide and lost around R2.2 billion per year, according to the SA Banking Risk Information Centre, who released the information in June 2018.  This continues to escalate so it is vital that businesses take preventative measures on a grand scale. Protecting the data of your clients, finances, corporate plans, and staff should be the most vital aspect of any business strategy in the digital economy.

The important questions to ask are – What happens if you have a great strategy to take the business forward but no cybersecurity measures to safeguard against hackers? What would you do if your business was hacked today? How would you recover if the personal information of your clients were leaked?

Cisco believes that businesses need to think critically about creating a winning approach that incorporates cybersecurity into the business strategy. In fact, businesses cannot afford to be without it.

The cost of cybercrime

The escalating number of cyber attacks (even on some of the most renowned companies) over the past few years paints the picture of ruthless cyber criminals working 24/7 to access your data through any means necessary.

The Official Annual Cybercrime Report from Cybersecurity Ventures stated that by 2021, cybercrime will cost $6 trillion annually – which is more profitable than the global trade of illegal drugs.

According to the Cisco 2018 Annual Cybersecurity Report, more than half of all attacks resulted in financial damages of more than US$500,000, including, but not limited to, lost revenue, customers, opportunities, and out-of-pocket costs. 

Identifying cyber threats and a cybersecurity strategy that covers the phases before, during and after attacks needs to be adopted as normal practice because having the right technology could potentially save your businesses.

South Africa’s step in the right direction was the passing of the Cybercimes Bill in Parliament, which could potentially see businesses across South Africa creating critical units to deal with cybersecurity threats.The Bill was passed in Parliament in November 2018 and once enacted, cybercriminals could face jail time of up to three years. The Bill seeks to criminalise the theft and interference of data and malicious electronic communication. It contains strict rules against hacking, and states that the collection and storage of information can be used as evidence. 

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Google announces its ‘Netflix for gaming’

The new gaming platform, Stadia, promises high-definition gaming on TVs, computers, and mobile devices, writes BRYAN TURNER.

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Google has announced that it has moved into the gaming space, and it focuses on two big aspects of gaming: streaming of games for gamers, which will allow gamers to game anywhere with a fast, low-latency Internet connection; and audiences that watch gamers in-game.

This is a big move in making gaming accessible to more gamers, as it reduces hardware costs, by utilising the benefits of low-latency cloud computing. This will be achieved by using a globally connected network of Google data centres. Gamers who stream games are most likely already using a high-speed, low-latency Internet connection, so access to the Stadia platform will be an added expense.

Through the Stadia platform, gamers will be able to access a large library of games at all times, with no installation time, on virtually any screen. Scaling of hardware like CPU, GPU, memory, and storage is also possible, as one would for cloud server resources.

Google will be leveraging its other platforms, like YouTube, with Stadia streaming. It claims that 200-million people are watching game-related content daily on YouTube. This allows, for example, Stadia players to jump in with other Stadia players – no downloads, no updates, no patches, and no installs.

For console players, Google has designed a custom controller.

The controller was designed to establish a direct connection from the Stadia controller to Google’s data centre through Wi-Fi for the best possible gaming performance. The controller also includes a button for instant capture, saving, and sharing gameplay in 4K resolution. It sports a Google Assistant button and built-in microphone, as many Google products do, for voice control. 

The device is expected to be released later this year, pending FCC approval.

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Nintendo announces Stranger Things 3 game

The Netflix Original show is set to launch a retro-style game on the Nintendo Switch.

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In collaboration with Netflix, developer BonusXP has created Stranger Things 3: The Game. It is the official companion game to Season 3 of the hit original series. The game and latest season are expected to launch on US Independence Day, the 4th of July, a date that will, of course, stick in American gamers’ memories.

This adventure game blends a distinctively retro 16-bit art style, reminiscent of games from the time when the series was set. It is claimed to have modern gameplay mechanics to deliver nostalgic fun with a fresh new twist. Players will be able to experience their favourite show through a mix of exploration, puzzles, and combat.

Just ad in the show, teamwork is at the heart of Stranger Things 3: The Game. Players can team up in a two-player local co-operative, or in single player mode alongside an AI partner. Players can choose to play as one of twelve characters from the show, each with different abilities and attributes. Together, they’ll play through familiar events from the series, while also uncovering never-before-seen Stranger Things secrets, ensuring a fun experience for those new to the world of Stranger Things as well as for those familiar with the series.

Key Features:

  • Experience the show in a new way, exploring the eerie world of Hawkins to uncover new mysteries beyond what’s seen in Season 3.
  • Jump right into the action of this pick-up-and-play adventure: gameplay mechanics that allow players from beginner to advanced skill levels to get in on the fun.
  • Take your game to a higher level by trying out different character combinations and collecting all the secrets the expansive world of Hawkins has to offer.
  • Team up with a friend, leveraging drop-in/drop-out local co-op to take on the mysterious monsters of Hawkins together. While playing solo, use a collection of “buddy commands” to control both characters and still experience all the fun.
  • Choose from 12 playable characters, each with their own unique talents and stats.

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