What global crises will be next?
2020 will be remembered as the year of an almost worldwide lockdown caused by a virus. What could be next? By Dudley Cartwright, CEO of Soterion The 2019 WEF Report on significant global threats lists cyberattacks and data fraud as high-impact threats in the near...
Look to software escrow to protect from licensor bankruptcies
South African companies - large and small - should consider the advice of The National Law Review and look to software escrow to protect themselves from Covid-19 pandemic licensor bankruptcies. This is the suggestion from Escrow Europe founder, Andrew Stekhoven, who...
Bolster digital resilience in age of cybercrime
As we get into the swing of lockdown, and some of us are relying more heavily on digital means to work and engage with our staff and clients, cybersecurity is as important as ever. 'Massive data fraud and theft’ has been ranked by the World Economic Forum as the...
Pandemic a profitable opportunity for cyber-criminals
Covid-19 is rapidly increasing the number of employees who work remotely. By Jodi Hardy and Cindy Leibowitz, from Webber Wentzel This mass exodus of employees from the "more secure" office environment into the unsecured home terrain is a breeding ground for...
SAFPS work with OneVault on fraud detection
As technology advances, the opportunities for fraud increases exponentially as fraudsters become more sophisticated in their actions. In the battle against fraud, speed and the use of reliable verification data are key determinants of success. The Southern African...
Risk, resilience and Covid-19
South Africa made it to 5 March 2020 before our first official confirmed case of Covid-19 was announced by Health Minister Zweli Mkhize, write Vanessa Thurlwell of Mondial Risk and Business Consultants and Craig Kent, head of risk management at Aon South Africa. The...
Beware opportunistic cyber-attacks during lockdown
With the nationwide lockdown to contain the Covid-19 pandemic currently underway, businesses are warned that their cybersecurity risks may be at an all-time high. Many companies have implemented work-from-home (WFH) policies, which may put a company at risk of a...
Arcserve offers ransomware readiness assessment
As South Africa enters the first full week of total lock down, most of the country is operating from home offices. Media reports are indicating that cyber hackers are looking to exploit vulnerabilities in this difficult time in an attempt to steal valuable...
Remote work: keep your assets secure, scam-free and insured
Companies that are allowing staff to work from home during the coming lockdown need to make sure you're prepared for the increased cybersecurity risks associated with the move. This includes taking steps to not only ensure the physical security of company devices that...
Mining’s digital transformation must recognise cyber risks
Against the backdrop of a slowed economy and an increasingly volatile market, digital transformation in mining companies has become a business imperative to drive efficiencies, optimise competitiveness and reduce risks associated with human error. This shift, which...
Protect your data at rest and in flight
In its recent research, the Ponemon Institute shows that a data breach costs South African companies on average $3,06-million - nearly R50-million. This is somewhat above the international benchmark, with the study showing that globally the average cost of lost...
Business interruption insurance and property damage
Business interruption (BI) insurance is an essential form of cover intended to protect a business in the event of an interruption of the business, following damage to property by an insured event. The standard cover normally responds to business interruption losses...