SA businesses reluctant to insure against cyber-attacks

South African companies have suffered several cyber-crime incidents over the past few years, yet local businesses are still reluctant to insure against this risk. Roy Wright, head of risk solutions at financial advisory group GTC, believes there are two primary...

Integrate business continuity and cyber resilience

Business’s increasing dependence on digital platforms and data has generated significant efficiencies – but has also spawned a well-resourced cyber-crime industry. It is thus imperative that cyber resilience is integrated into organisations’ business...

Manage the culture of risk

Riaan Bekker, force solutions manager at thryve, examines the world of risk software. A friend of mine is a keen cyclist. He had a trusty bicycle that carried him around, especially when taking the kids out over weekends. And that was all fine: why replace what works...

Debtsource debuts for credit risk

Credit management specialist Debtsource has launched a solution to assess, insure, finance and manage trade credit risk. Through a collaboration with Alternative Finance Solutions (AFS), Debtsource clients can now assess their initial credit risk through detailed...

MyCybercare gets proactive against identity theft

Specialist cyber insurance company MyCybercare has introduced MyID, a solution that offers 24/7 surveillance across the public Net, deep Web and dark Net to prevent private or personal information from being stolen and exploited. MyID provides proactive protection,...

High cost of cybercrime a concern for Africa

African businesses need to take more decisive steps to prioritise data protection and enhance enterprise security in order to mitigate the high cost of cyberattacks. Ken Munyi, country manager at iWayAfrica Kenya, says the millions of cyberattacks that take place...