Understand and navigate AI risks

The risks associated with using artificial intelligence (AI) systems can be extensive and have severe business impact if left unaddressed. By Nevellan Moodley, head of financial services technology at BDO South Africa AI is being used everywhere, across every business...
Strengthen supplier management processes against fraud

Strengthen supplier management processes against fraud

Chief financial officers (CFOs) not only have a serious fiduciary duty to themselves as individuals, but they also have a responsibility to their employer to ensure that every step of every financial process is in order and above board. By Ryan Mer, CEO of eftsure...

Why the board should push cybersecurity boundaries

From a technological perspective, microsegmentation of your IT security environment can be viewed as a way to identify, isolate and curtail the reach of any threat – even once it is in your network. In a cybersecurity context, microsegmentation is a framework...

Why the 3-2-1 rule matters for your business data

Bad things happen. One day, that file you worked on is fine. The next, it’s gone – lost in a hard drive failure or perhaps a stolen device. Maybe the version you worked on has corrupted, and you need to recover an earlier file. Someone might have deleted...

Is AI a game-changer for anti-money laundering?

In the aftermath of South Africa’s recent greylisting by the Financial Action Task Force (FATF), companies are now confronted with the imperative to address eight identified strategic deficiencies while simultaneously reducing their financial crime risk through...

Fortunes to be made in crypto – but threats lie in wait

Many still perceive cryptocurrency as a novel and unconventional form of currency. It operates within an environment that lacks the safety and regulation found in traditional financial systems. Just like the lawless days of the American Wild West, the crypto world is...