Retail industry largely non-compliant with security standards

Retail industry largely non-compliant with security standards

The global retail industry’s investments in cybersecurity are largely insufficient. This is according to the first-quarter Cyber Threat Insights by BDO’s International Cybersecurity Advisory Services, which indicates that the average cost of a cyber data...

Poor data management costs companies $20m a year

A massive 73% of organisations admit to not being able to meet users’ demands for uninterrupted access to data and services – costing the typical company $20-million a year. This is among the results from a Veeam Software survey, which highlights the...

New Commonwealth framework aims to stamp out corruption

Corruption offences cost the global economy around $2-trillion a year. Commonwealth secretary-general Patricia Scotland has outlined a framework to help member countries investigate and prosecute these offences. The Commonwealth Anti-Corruption Benchmarks framework is...

Structural reforms are urgent as SA’s growth drops

Statistics South Africa (StatsSA) reported on June 4 that the South African economy contracted by 3,2% quarter-on-quarter (q-o-q) during the first quarter of 2019 – the biggest decline in 10 years. This resulted in the economy being no larger in 2019Q1 than it...

New fintech disrupts SME financing

Although the 2,4-million SMEs in South Africa employ between 60% and 70% of the working population this market experiences a dearth of funding. In fact, there is an $86-billion credit gap for small businesses and, each year, the number of SMEs in the country decreases...

Business travelers demand digital solutions

Tech-savvy business travelers in South Africa are demanding digital solutions and hybrid support delivered throughout their travel experience. This is according to Travelport’s 2018 Digital Business Traveler Research which reveals that, in the planning and...