Cybersecurity: Our shared responsibility
27 September, 2017
The internet has changed the way in which our world works. It has opened doors to information, people and communication. Unfortunately, it has also allowed criminal elements to enter our lives more easily.
South Africa loses an estimated R5.8 billion a year to cybercrime. In 2016 the Norton Report placed the country third highest out of 24 countries surveyed with regards to the effects of cybercrime. In the wake of international cybersecurity incidents such as the WannaCry virus, people are becoming increasingly vigilant of their online risks and more aware of their cyber safety.
October is Cybersecurity Month. This annual global campaign aims to raise awareness around cybersecurity issues, as well as educate the public about staying safe online. While UCT’S Information and Communication Technology Services (ICTS) has run this drive for the past five years, this year it is being run on campus by the newly formed Computer Security Incident Response Team (CSIRT).
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Alumnus funds transformative exchange programme
30 August, 2017
Gail Kelly is one of the world’s most influential businesswomen. She had a very successful run as the CEO of Westpac, the second-largest bank in Australia, from 2008 until her retirement in 2015. In 2014, she was listed by Forbes as the 56th most powerful woman in the world. She is also an adjunct professor at the University of New South Wales (UNSW).
Kelly completed a bachelor of arts degree and a higher diploma in education at UCT in the late 1970s. On Thursday, 24 August, she returned to her alma mater to bring a new opportunity for students in the Faculty of Commerce and at the UNSW Business School.
The Gail Kelly Global Leaders Scholarship will provide the opportunity for Australian and South African undergraduate students to be part of a transformative exchange programme between UNSW and UCT. The scholarship programme will be centred on the study of business and the exploration of a foreign economy and culture.
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New degree combines fintech and entrepreneurship
29 August, 2017
The University of Cape Town (UCT) is now the first university on the continent to offer a degree that is specifically designed to equip students with the necessary skills and knowledge to embrace the technological revolution in the financial services sector.
South Africa’s financial services industry faces a significant challenge: the rise of modern technology, commonly labelled as financial technology, or fintech, combined with a lack of skilled graduates who are able to navigate this complex new terrain.The new degree, which will be offered for the first time in January 2018, is a Master of Data Science with a specialisation in financial technology.
The course convener, Dr Co-Pierre Georg, senior lecturer at the African Institute of Financial Markets and Risk Management (AIFMRM) at UCT, explains: “We are in constant and close contact with the financial services industry and know that it is facing a shifting demand for skills. In the past, companies were mainly looking for advanced mathematical and modelling skills.
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