Reversing the hidden risk of permission creep

Employees can collect a range of access rights to business systems throughout their tenure. It’s a phenomenon called ‘permission creep’: one of the biggest cybersecurity risks for organisations today. Does the following scenario ring true? An...

Marsh warns to invest in robust cybersecurity controls

With cyberattacks growing in size and complexity — and underwriters more closely scrutinising their cyber risk exposures — it’s vital that businesses invest in robust cybersecurity controls. “As many of us have seen in recent years, cyberattacks just continue to...

Risk reduction and cybersecurity

Risk management is critical to a business. We can find examples as far back as recorded history allows, with ship and cargo owners routinely taking up insurance to cover risky voyages. Risk grew as companies became more complex, and today’s risk manager must...

SAS acquires Kamakura

SAS has acquired Honolulu-based Kamakura, which provides specialised software, data and consulting that helps financial organisations across the spectrum – banks, insurance companies, asset managers, pension funds and more – manage a variety of financial risks. SAS’...

The murky waters of cyber warfare and insurance coverage

South Africa has seen a dramatic rise in cyberattacks and successful breaches during the past two years as well as an accompanying surge in ransom demands. In the most recent high-profile attack, credit reporting agency TransUnion South Africa revealed that at least...

Cyber risks facing the retirement industry

Contending with the intensity and frequency of cyber threats to business operations is a 24/7/365 challenge. While the banking sector has intensified its cyber defences, threat actors have set their sights on the retirement industry. Not only is the financial quantum...