Pressure growing to protect customers’ personal information
Cybersecurity and legal experts are warning that an increase in cyberattacks and the pending implementation of the Protection of Personal Information Act (POPIA) expose South African companies to increased regulatory, reputational and financial risk. Brian Pinnock,...
Data privacy in 2020: be careful and stay safe
It's International Data Privacy Day on 28 January - and this year, I'm hoping people take it seriously. By Daan Lotter, head of innovation at Itec South Africa Right now millions of people have no idea about how their personal information is being used and abused in...
Is your business at risk by being too ‘trusting’?
As organisations continue to implement digital transformation and adopt emerging technologies, it is becoming increasingly difficult to secure their networks against cyberattacks, as the ecosystem in which their critical information resides has become significantly...
Use GRC to build resilience
ContinuitySA, Africa's leading provider of business continuity and resilience solutions, says that as the risk outlook continues to be challenging, organisations should use their governance, risk and compliance (GRC) activities to create robust frameworks that support...
Investigating a changing insurance market
The insurance market is in the midst of its most consistent shift in a number of years. By Terence Williams, CEO of Aon South Africa In certain countries, sectors and lines of business, buyers are experiencing rate increases, capacity shortages, and a more critical...
Understanding risk in retail
While many South African retailers may be basking in the afterglow of season sales, it's still a depressed economy out there, with a growing number of independent stores turning off the lights, particularly as banks balk at financing retail initiatives. A report...
Compliance is the cornerstone to business success
Compliance is something that affects all businesses in all industries. Regardless of whether you are a large enterprise, or a small start-up, failing to adhere to every letter of the law, could see you face costly litigation, penalties, fines or worse, someone could...
Guard against under-insurance
Having a solid understanding of the implications of underinsurance is crucial at a time when many South Africans are financially strained and looking for ways to save on household costs. While there is always the temptation to cut insurance costs in a bid to save...
Risk trends to watch in 2020
The range of risks facing company executives or directors and officers (D&Os) - as well as the resultant insurance claims scenarios - has increased significantly in recent years. With corporate management under the spotlight like never before, a new report by...
Car recall scam: don’t lose your wheels
Your car manufacturer or dealership calls. Says there's been a safety recall, and they're sending a flatbed truck to pick up your car. They know your registration number and personal info, and it all seems legit and above board. So, you hand over your keys when they...
Time to add a cyber incident response plan
This time of the year is a boom time for cybercriminals. Consumers are shopping and transacting more. Shopping websites experience higher traffic volumes and process more payments than usual. Companies' security teams can often be understaffed or unprepared for the...
The day consumers are most cyber-attacked
Black Friday has become a phenomenon across the retail spectrum with many people utilising this particular day to unofficially kickstart their shopping for the festive season. However, Black Friday presents some problems as people are increasingly becoming susceptible...