The hidden risks of investing
The ongoing accounting issues at Steinhoff have again highlighted the need for better governance and risk oversight in the world of investing. By Nigel Morriss, head of Mercer Sentinel and operational risk in Africa, Middle East, India and Turkey for Mercer Wealth,...
Re-evaluate you exposure to IT risk
"Directors: The Steinhoff debacle highlights your exposure to personal liability" - this was the warning trumpeted in the headline to a recent BGR Pyper Turner newsletter article. by Escrow Europe MD Andrew Stekhoven The article referred to the 'new' Companies Act of...
SA businesses reluctant to insure against cyber-attacks
South African companies have suffered several cyber-crime incidents over the past few years, yet local businesses are still reluctant to insure against this risk. Roy Wright, head of risk solutions at financial advisory group GTC, believes there are two primary...
Integrate business continuity and cyber resilience
Business's increasing dependence on digital platforms and data has generated significant efficiencies - but has also spawned a well-resourced cyber-crime industry. It is thus imperative that cyber resilience is integrated into organisations' business continuity...
Manage the culture of risk
Riaan Bekker, force solutions manager at thryve, examines the world of risk software. A friend of mine is a keen cyclist. He had a trusty bicycle that carried him around, especially when taking the kids out over weekends. And that was all fine: why replace what works...
Debtsource debuts for credit risk
Credit management specialist Debtsource has launched a solution to assess, insure, finance and manage trade credit risk. Through a collaboration with Alternative Finance Solutions (AFS), Debtsource clients can now assess their initial credit risk through detailed...
MyCybercare gets proactive against identity theft
Specialist cyber insurance company MyCybercare has introduced MyID, a solution that offers 24/7 surveillance across the public Net, deep Web and dark Net to prevent private or personal information from being stolen and exploited. MyID provides proactive protection,...
High cost of cybercrime a concern for Africa
African businesses need to take more decisive steps to prioritise data protection and enhance enterprise security in order to mitigate the high cost of cyberattacks. Ken Munyi, country manager at iWayAfrica Kenya, says the millions of cyberattacks that take place...
Go undercover to manage loss control
Many businesses focus their loss control strategies on preventing unwanted elements from getting in from the outside. While this is certainly an important step in securing assets and minimising risk, what if the truly dangerous element has already made itself...
Downtime not an option for critical infrastructure
THe draft Critical Infrastructure Protection Bill in South Africa, the successor to the National Key Points Act of 1980, has elicited heated debate from several quarters. However, it remains focused on improving security measures in critical infrastructure...
MyCybercare debuts MyID, proactive protection against ID theft
Specialist cyber insurance company MyCybercare has introduced MyID, a solution that offers 24/7 surveillance across the public Net, deep Web and dark Net to prevent private or personal information from being stolen and exploited. MyID provides proactive protection,...
Workplace safety: the good, the bad and the annoying …
What is the first thing that comes to mind when you think of safety in the workplace? If you work in an industrial environment you probably thought of signs, rules and paperwork...lots of paperwork. By Jacob de Coning, senior consultant at JvR Safety. In the service...