A proactive approach to health and wellness in insurance
Today's rapidly evolving healthcare landscape is resulting in the traditional, reactive model of insurance undergoing a transformative shift. By Simon Spurr, executive director at Alula Technologies Forming the basis of this change is the need to harness rich data...
Mitigate fraud in business-to-business trade credit transactions
Fraud is a pervasive business-to-business problem, with numerous different methods being employed by fraudsters. This is the word from Ann Buitendag, chief operating officer of credit management services company Debtsource, which processes about 7 000 credit...
Cyber-awareness education is a change management initiative
As cyber adversaries continue advancing their tactics, organisations around the globe are at greater risk than ever of being breached. By Rob Rashotte, vice-president: global training and technical field enablement at Fortinet According to recent Fortinet research,...
Does cyber insurance truly mitigate financial risks?
Cyber insurance has many benefits, but also some limitations that CFOs and accounting departments aren't always aware of. Here's how you can protect yourself more comprehensively. The estimated impact of cybercrime on the South African economy is R2,2-billion per...
Executives need to protect themselves against social media scammers
With the rise of social media scams globally, business executives find themselves increasingly targeted by cybercriminals seeking to exploit their personal and professional lives. WhatsApp, Facebook, and Instagram have become prime platforms for scammers to lure...
Hacking and your business: not if, but when
South Africa is experiencing a massive surge in internet crime. A shocking 78% of South African organisations were struck by a ransomware attack last year, up from 51% the previous year. And, according to INTERPOL's 2022 Africa Cyberthreat Assessment report, South...
Insurance coverage for global events
Events such as the Covid pandemic and rising levels of cybercrime are encouraging insurers to revisit their policy wording to exclude certain events, write Sandra Sithole, partner, and Dr Ninakhulu Ntsanwisi, associate from Webber Wentzel. Over the past three years,...
Healthy suspicion can stop phishing attacks
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What security monitoring can tell you about your business
Security monitoring technology continuously logs and analyses data from network points and nodes, enabling security teams to detect and respond to incidents faster and, while this is crucial, it's not the full extent of its usefulness. By offering continuous...
Innovation, competition fueling disruption in trade credit insurance
South Africa's trade credit insurance offerings have largely retained their European roots making them less than ideal for the local market, says Gareth Joubert, MD at Hollard Trade Credit. "We have a matured trade credit insurance market, but the product is still on...
African organisations must adopt an active defence posture
Considering the constantly evolving and increasingly sophisticated cyber threat landscape, the state of cybersecurity, resilience and data protection in Africa potentially has global implications. By Kate Mollett, regional director of South Africa and SADC at...
Email best practices under the spotlight
Just about every organisation in the world relies on email. And yet, securing this mission-critical platform is often not treated with the diligence that is required. One of the best ways to mitigate against the threat of compromise is a combination of user education,...