C-suite must adapt to new regulatory accountability
The C-suite has long left data resilience and cybersecurity in the hands of security and IT teams, writes Rick Vanover, vice-president of product strategy at Veeam. It’s been a case of ‘leave it to the experts’, and for a long time, that made sense. But as...
Tech-driven AML efforts strengthen compliance amid US policy shifts
The US Treasury Department has announced the immediate suspension of the Corporate Transparency Act, which took effect on 1 January 2024, under the Joe Biden administration. By Bradley Elliott, CEO of anti-money laundering (AML) platform RelyComply This key piece of...
Tighten controls ahead of PCI DSS v4.0.1
The Payment Card Industry Data Security Standard (PCI DSS) has long been a cornerstone of payment security, ensuring that organisations handling cardholder data protect it against the ever-evolving threat landscape. By Simeon Tassev, MD and qualified security assessor...
SA’s e-commerce on track for 1bn transactions in 2025
E-commerce has become an everyday necessity for South Africans, writes Jonathan De Matteis, head of sales at Pay@. Initially, only a niche audience was willing to see past some of the technology’s growing pains, such as purchases being limited to card transactions and...
Advanced regulatory technology crucial for SA’s fight against financial crime
Advanced technology solutions are playing a crucial role in strengthening South Africa’s fight against financial crime. Real-time data access, enhanced screening and alerting systems, and artificial intelligence-driven AML tools are enabling financial institutions to...
Maximise the skills development component of your B-BBEE scorecard
The financial year-end is looming, and with just days to go, businesses must ensure that all Skills Development measures are in place to maximise their B-BBEE scorecard points. By Anton Visser, chief operations officer of SA Business School and Alefbet Learning Skills...
Managing the third-party blindspot for DORA
The financial service industry is no stranger to stringent regulation. Unlike other sectors that have scrambled to comply with legislation such as NIS2, FS organisations are comparatively pretty diligent when it comes to data resilience and cybersecurity, writes Andre...
What you need to know about upcoming debit order changes
As the South African payments landscape prepares for a significant shift, businesses reliant on DebiCheck debit orders, and specifically when authentication was not successfully obtained from debtors, must brace themselves for the mandatory transition from the...
The rise of autonomous data recovery
Escalating cyber threats and attacks constantly put businesses under pressure, increasingly prompting organisations to shift their mindsets towards ensuring continuous operations and thus avoiding downtime and revenue loss. By Modeen Malick, principal systems engineer...
AI and its growing impact on compliance
While AI's early promise sparked excitement, its slow maturity has created a unique period of uncertainty and opportunity. IT departments, in particular, find themselves at the intersection of AI’s development and the growing demands of compliance, reshaping how...
What do you need to know about the Cybercrimes Act?
In June this year, South Africans got yet another taste of how destructive criminal cyber-attacks can be. As the month drew to a close, the National Health Laboratory Service (NHLS) fell victim to a ransomware attack. By Zaakir Mohamed, director, head of corporate...
Circular Energy, Vodacom partner to combat e-waste
Circular Energy has partnered with several companies to address electronic waste (e-waste) in South Africa. The latest collaboration with Vodacom aims to manage e-waste responsibly and divert it from landfills through take-back schemes for products like cell phones,...