Africa Tech Week was host to the online gambling aggregator, multi-award-winning company SOFTSWISS, which focused on cybersecurity.
The Africa Tech Week, also known as Sentech Africa Tech Week, was held in Cape Town, South Africa, last week.
One brand name attending the event we are familiar with here on Casinoplusbonus is SOFTSWISS. The online gambling aggregator powers iGaming and sports betting sites, connects with hundreds of online casino game developers, and is a primary driver behind crypto gambling.
The online gambling brand joined other companies from a wide range of industries operating in the tech sector in South Africa and across the African continent.
One area that all these industry niches have in common is cybersecurity, and we are not just referring to firewalls and encryption. These companies also have to contend with sophisticated fraud, particularly with the advent of AI.
For SOFTSWISS, the goal was to push its agenda not on gambling, but rather to highlight cybersecurity resilience. If there is a company that understands cybersecurity and can educate companies operating or starting up in Africa, it’s SOFTSWISS, as its aggregator platform operates on a global scale.
SOFTSWISS speaker Artem Bychkov highlighted the fact that cyberattacks are increasing, making a point that these attacks are rising due to the growing adoption of digital technology on the continent.
As a result, the goal was to educate companies to be ‘builders of secure digital ecosystems – not just participants’.
Artem Bychkov, Deputy Chief Security Officer at SOFTSWISS, addressed delegates with a warning: “Africa’s booming digital economy is being matched – and in some cases outpaced – by the rapid innovation of cybercriminals. South Africa now ranks among the top three countries globally in terms of cybercrime-related losses, with an annual loss of R2.2 billion”.
SOFTSWISS Shows Africa It Is a Leader In Cybersecurity Awareness
With the SOFTSWISS online gambling suite of services operating globally for decades, the company has gained deep insights into cybersecurity, as well as the evolving threats it poses. Rather than approach the event highlighting its online gambling prowess, the company approached Africa Tech Week as a purely tech company that happens to work in the field of online gambling.
Who better to pass on its industry knowledge than an online gambling company that operates within what is perhaps one of the most vulnerable sectors to cyber attacks online?
What is SOFTSWISS Doing in Africa?
Currently, SOFTSWISS supplies online casinos that accept players from South Africa and other countries on the continent. Nine Casino & Sports, Sol Casino, Slottica Casino & Sports, and Fresh Casino are just a few examples of online gambling platforms that utilise the SOFTSWISS aggregator platform to deliver iGaming and sports betting services to players who prefer to use cryptocurrency or the South African Rand.
On top of this, the company is also offering its services to gambling operators across Africa. As the company highlighted in its Resilience by Design at Africa Tech Week news report, SOFTSWISS has an excellent track record when it comes to technical stability and innovation, and the company is bringing its expertise to Africa.
Africa Tech Week in a Nutshell
Although Africa Tech Week is not strictly an online gambling or tech-related conference, several iGaming and sports betting brands were present.
It makes perfect sense, as Africa Tech Week is a multi-day hybrid event that spotlights Africa’s tech ecosystem, and online gambling is a significant part of the continent’s technology landscape.
Whether you’re an entrepreneur, investor, policymaker, or tech enthusiast, it‘s a key venue to network, pitch, learn, and celebrate tech excellence on the continent. Furthermore, it’s designed to foster collaboration, investment, and innovation in groundbreaking sectors, including AI and fintech, digital agriculture, and cyber insurance.
The event additionally attracts cryptocurrency, payment providers, trading platforms, e-commerce companies, and IT companies, all of which are responsible for driving tech innovation on the continent.
The buck doesn’t stop there, either; the event also encompasses digital transformation across various African industries, including agriculture, transportation, legal tech, and energy.
As a result, the idea is to form connections between startups, governments, corporations, and funding bodies to encourage and instigate change across the continent.
Casinoplusbonus Opinion
We must say, the event opened our eyes to just how important it is for tech to evolve alongside the current growth spurt in the tech sector, which is being pushed forward at an accelerated rate by AI.
To be honest, we were not aware of deepfake documents that allow players to pass KYC checks. Although the Resilience by Design at Africa Tech Week SOFTSWISS news report we used as our source for this news piece didn’t specifically go into detail, it mentioned ‘deepfake-driven KYC fraud’.
We also found out that SOFTSWISS picked up an award in Africa at the Sports Betting East Africa+ Summit for ‘Innovation of the Year’. Something we were not aware of and have added to its list of awards on our SOFTSWISS review page.
When it comes to cybersecurity, we can currently see that SOFTSWISS is at the top of its game. What will be even more interesting in the future is how Quantum computing is going to affect the online gambling industry, particularly in relation to cryptocurrency.
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