Business Security

2 Results / Page 1 of 1

Business / Economics

Namdia recovers N$40.6 Million in stolen diamonds as investigation continues

Namib Desert Diamonds (NAMDIA) has given an update on the armed robbery at its premises, confirming that diamonds worth N$40.6 million have been recovered out of the N$314.9 million stolen. The Namibian Police Force is leading the investigation, with two suspects arrested and scheduled to appear in court on 23 May 2025. The diamond marketing and sales company has reaffirmed its commitment to increasing security measures to prevent future incidents. […]

today6 March, 2025

Business / Economics

Paratus Namibia Reports Cybersecurity Breach as expert weighs in

Paratus Namibia has confirmed a cybersecurity breach compromising its internal IT systems, raising concerns over data security within the telecommunications sector. In a statement to the Namibia Securities Exchange, the company disclosed that unauthorized activity had been detected, prompting an immediate investigation. As cybersecurity threats intensify globally, technology expert Nrupesh Soni underscores the urgent need for businesses to fortify their digital defenses against potential breaches.  

today21 February, 2025