The risk manager is now hot stuff. Where to next?
People have been predicting for years that risk management will step from its back-office nook and into the leadership sphere. By Sean Pyott, MD of thryve This prediction gained some traction at the start of this century with integrated risk management (IRM) and...
I want to be a chief risk officer when I grow up (said no one, ever)
For the last decade, key business judgements have been left in the hands of the CEO and chief financial officer (CFO), with the chief technology officer (CTO) overseeing important technology-related decisions - often in isolation from the rest of the business. By...
The digital risk manager of the future
Over the recent period, there has been much conversation about the 4th Industrial revolution and its impact on industries and the resources that work within. By Nishkar Ballasur, IRMSA risk chat contributor This conversation continues and has intensified given the...
Advances in UV technology for disinfection
Ideco Biometrics is using ultraviolet technologies to destroy most known viruses and bacteria for disinfecting biometric sensors. The company has introduced Steri-C, an ultraviolet disinfection device to ensure the safe use of touch-based fingerprint readers. Steri-C...
Your digital footprint leaves clues behind
The Fourth Industrial Revolution (4IR) was a turning point in the adoption of the Information Age. Not only is it a time when technology impacts nearly every facet of our lives, it is also a time when we exist in a physical sense and have a digital footprint which...
Building a human firewall to address insider threats
During the first half of 2020, the FortiGuard Labs team found that evolving work environments and a greater reliance on personal devices presented new opportunities for cyber criminals to exploit enterprise networks. By Renee Tarun, deputy CISO/ vice-president:...
Tackling coronavirus-related fraud
Since the beginning of the pandemic, the Federal Trade Commission (FTC) in the United States has received over 175 000 consumer reports related to COVID-19 scams, totalling a mammoth $118.81-million (R1.986-billion) in losses. The top fraud reports relate to: online...
Hunger: the devastating consequence of Covid-19 in SA
Even before Covid-19 reared its head, millions of South Africans went hungry every day, writes Gillian Le Cordeur, CEO of the Institute of Risk Management South Africa (IRMSA). While efforts to feed the vulnerable have been long-established through organisations like...
New tool addresses cyber readiness for Covid-19 security gaps
Acronis, a global leader in cyber protection, has announced the release of Acronis Cyber Protect 15, which integrates backup, disaster recovery, next-generation anti-malware, cybersecurity, and endpoint management tools into a single solution. This one-of-a-kind...
Protect yourself against insurance-related cyber-attacks
In a recent report by Deloitte, it was stated that "cyber-attacks in the insurance sector are growing exponentially as insurance companies migrate toward digital channels in an effort to create tighter customer relationships, offer new products and expand their share...
Boards must consider social media as key reputational risk
Social media have become a key communications channel, but they pose particular risks for organisations and especially their directors. This is according to Parmi Natesan, CEO of the Institute of Directors in South Africa (IoDSA), who says: "The bottom line is that...
Massive mobile fraud problem identified in SA
Paris-based anti-fraud firm Evina has determined that one out of every three mobile subscription attempts in South Africa is fraudulent. South African cellular users are very often subscribed to mobile services without their consent, the company says. After Kenya,...