The loss exposed flaws in the bank's risk controls that may prompt regulators to act, analysts say.
The city faces a R15 million administrative fine for failing to sort out 65 problems caused by its dysfunctional billing system.
In today's technology roundup: Hi-tech firms face financial distress, Fujitsu workers down tools, UK firm denies Egyptian 'cyber spy' deal, and Murdoch offers $4.7m to hacking victims.
The Department of Transport will develop a migration plan for eNatis, and IT team members are being trained in India for this purpose.
The current economic climate means government must be able to do more with less in terms of IT, says the agency.
In today's technology roundup: Google beefs up patent arsenal, FBI probes celeb photo leaks, RIM grilled over UK riots, and Heidi Klum most dangerous online celebrity.
ITWeb Governance, Risk & Compliance FEB 2025
Aligning GRC with Business Innovation and Agility
The company accuses the iPhone maker of infringing at least three of it tech patents.
SA is the 25th highest country in the world for purchasing pirated software, says BSA.
In today's technology roundup: YouTube intros built-in video editor, Groupon IPO back on track, TomorrowNow to pay $20m copyright fine, Intel previews Android tablet, and World Cup brings PBX hacking,
Local loop unbundling won't have the same effect now as it would have had if it was carried out earlier, say analysts.
There has been too much secrecy in the e-toll deal, says the Democratic Alliance.
The commission will clear the remaining applications in the next two months.
In today's technology roundup: MS shows off next-gen Windows OS, Google upped Motorola bid by $3bn, criminal probe of eBay employees, mobile malware rises 273%, and Winklevoss twins take a dig at Zuckerberg.