On World Backup Day, prevent data loss

World Backup Day, celebrated annually on31 March, is a reminder of the importance of taking effective measures that can make all the difference when a data loss incident strikes. It is also a good time to pause and reflect on the rising tide of threats that...

How we approach business risk needs to change

By Faith Ngwenya, technical executive at the South African Institute of Professional Accountants (SAIPA) “We need to recreate the traditional risk management process entirely if we are to sufficiently break down silos and become truly fluid,” our...

Rise of the robots adds new risks

Chatbots, autonomous vehicles, and connected machines in digital factories foreshadow what the future will look like: the widespread implementation of artificial intelligence (AI) applications brings many advantages for businesses such as increased efficiencies, fewer...

Cyber risk and the challenge for directors

The jump in cyber attacks is challenging how boards approach risk management and their readiness to handle emerging threats, says WomenCorporateDirectors (WCD) and Marsh & McLennan Companies’ Global Risk Center new joint report, “Cyber Risk Management...

Pharma firms ramp up security spend

Pharmaceutical companies require efficient technologies such as Internet of Things (IoT), cloud computing, artificial intelligence and big data to manage information that is vital to the development and production of successful drugs. As a result, pharmaceutical firms...

Insuring our digital lives

The world of interconnected devices known as the Internet of Things (IoT) is set to go mass market, with the smart devices market already worth tens of billions of Dollars annually. However, many consumers are rightfully concerned about how secure these devices...