AI cuts Absa’s debt review turnaround | ITWeb Tech Headlines | 2 - 7 November 2026
These are the stories making headlines on ITWeb this week. Absa has reduced debt review processing from four days to one using AI, as the big-four bank moves the technology from experimentation into live operations. Meanwhile, township fibre uptake could climb from about 15% to 70% within a year, compared with 40% to 50% in suburbia, according to Accelerit Technologies CEO Mandla Ngcobo. In addition, Lesaka Technologies has built its pending acquisition of Bank Zero into its full-year forecast.
According to the Nclose State of Ransomware in South Africa survey, 63.2% of respondents reported experiencing at least one ransomware attack in the past 24 months.
Though businesses are becoming more dependent on applications, executives are not prioritising their security, say experts.
The key to IT security is software that is written with not only features, but also security, in mind, says David Jacobson, technical director at Synaq.