SA now enforcing Cybercrimes Act
Although President Cyril Ramaphosa has signed the Cybercrimes Bill into law, only parts came into effect from 1 December 2021. "It is important to spell out the dos and don'ts of the new Cybercrimes Act and it's everyone's interest to familiarise themselves the with...
Will the Cybercrimes Act change how you use the Internet?
With the arrival of the festive season comes new legislation, and a new weapon in the fight against cybercriminals. On 1 December, several elements of South Africa's new Cybercrimes Act came into effect, six months after President Cyril Ramaphosa first signed the bill...
Standard Bank partners with FRDM on supply chain transparency
Standard Bank Group has partnered with US-based technology platform, FRDM, via the Group's OneHub platform, to help corporates assess and address environmental, social and governance (ESG) risks within their supply chain. The solution will help companies build...
Don’t let form trump corporate governance substance
More laws and regulations are not going to solve the many problems business - and the country - face. Only changed behaviour will do that. By Parmi Natesan, CEO of the Institute of Directors in South Africa (IoDSA) Reading through the proposed amendments to the...
Compliant companies make more money
The need for compliance with the Protection of Personal Information Act (PoPIA) has placed the spotlight firmly on data management as a core component of compliance. By Chris de Bruyn, ops director and head of compliance at Gabsten With PoPIA coming into effect,...
How POPIA impacts your business
Cloud computing, the shift to digital experiences, and connected sensors have made it possible for companies to collect and process vast amounts of data around consumers - often to their benefit. For many companies, data is their most valuable asset. By Charl Venter,...
New VAT and customs obligations for online marketplaces
The global economy has recently seen a rapid rise in online marketplaces and platforms, whereby sellers can easily connect and transact with buyers. By Prenisha Martin, tax associate at Baker McKenzie Johannesburg This substantial increase in digitisation has led to a...
Data protection regulations and SMEs
For any SME, the starting point of a data protection strategy is understanding the general regulatory framework applicable to it. By Wayne Sedice, strategic BI consultant at PBT Group As this may differ per country, the SME must identify the general compliance...
Unexpected business-building benefits of stricter data regulation
Storing data securely and using it appropriately should not be merely a compliance-driven practice; it should be a cornerstone of any business. By Professor Yudhvir Seetharam, head of analytics, insights and research at FNB Business Not only does appropriate data...
Data management, security processes key to PoPIA compliance
On 1 July, every South African's inbox was flooded with emails from multiple businesses around compliance with the Protection of Personal Information Act (PoPIA). By Simeon Tassev, MD and QSA at Galix The reality though is that compliance with PoPIA is about so much...
The challenges of compliance
The world of compliance, approvals, standards and certifications can be confusing for those who don't work in legal and compliance roles. For this reason, it is critical that data erasure products and service providers are certified. By Wale Arewa, CEO of Xperien Data...
Why trusted timestamping is important for business
In an ever-growing digital world, it has become essential to prove the existence of specific data at a particular date and time, especially in a business dispute. Associating a date or time with a document, also known as "trusted timestamping," provides auditable...