Sep 27, 2013
South African executives are well aware of the importance of risk management in every area of their businesses. Unfortunately, most are of the view that reacting to attacks after the fact is an acceptable form of managing risk. “Reacting to risk is simply admitting...
Sep 12, 2013
Information technology is an essential tool for combating fraud. Without using the predictive power of analytics, it isn’t possible to prevent fraud before it happens, says Colin Hill, senior solution manager, Financial Crimes and Risk Solutions, SAS South Africa. The...
Sep 4, 2013
Part three in a three part series by Dr David Hillson and Ian Huntly, CEO of Rifle-Shot Performance Holdings The RARA Model indicates how we can exercise control over setting risk thresholds to make sure that they are appropriate in the setting of the given situation,...
Sep 3, 2013
Part two in a three part series by Dr David Hillson and Ian Huntly, CEO of Rifle-Shot Performance Holdings. We have seen that risk appetite is an internal tendency within an individual or a group and that it cannot be seen or measured directly. It represents a hunger...
Sep 2, 2013
Companies that fail to retain original documentation are placing themselves at huge risk in the event of legal action. This is according to Mike Grey, Solutions GM of Metrofile Records Management – a group company of JSE-listed Metrofile Holdings Limited, who says...
Sep 2, 2013
Part one in a three part series by Dr David Hillson and Ian Huntly, CEO of Rifle-Shot Performance Holdings. One of the most important decisions for any business, project or individual is how much risk to take, given the maxim that low risk almost inevitably means...
