Computer News - In Brief
- Some 139 clients of SA’s First National Bank will have their Visa cards cancelled after a hack into a card processing company’s database last week
- Research house Forge Ahead BMI-T says government spending on IT is growing at an average rate of 15% per annum.This is in stark contrast to the general stagnation in the ICT industry of late, and one of the few sectors still growing in double-digits.
- ABSA is planning to increase its IT spending by about 9% this year, which is higher than the estimated industry average of about 7% to 8%, says Leon du Rand, group executive for IT at the bank."We will be spending about R240m to R250m on infrastructure replacement, including upgrading mainframes to allow for increasing volumes of business transactions processed, and the upgrading of PCs in branches."