DEHN Africa helps to mitigate risk
Thatched roofs are beautiful in the eyes of many, and are an aesthetically pleasing option for game lodges and other buildings looking to cultivate a rural or 'countryside' look and feel, but they require significant maintenance, including protective measures against...
Biometrics has a stake in the war on ID fraud
Identity fraud remains one of the most prominent cybercrime threats of modern society today. Global research notes that on average businesses loose over $200-billion every year - while consumers lose more than $16-billion due to identity fraud. In South Africa,...
The changing world of data protection
Businesses have never before been so accountable for the use, storing and handling of data. As highlighted by the Cambridge Analytica data misuse scandal, there is in intense focus currently on data privacy, data security and the responsibility of protecting one's...
The risks of not insuring your business
One of the most commonly overlooked priorities when starting a business is having adequate insurance in place to cater for unforeseen risks. Theunis Fourie, head of insurance brokers at FNB, says business owners who overlook having insurance in place face the risk of,...
ContinuitySA wins IRMSA Award for risk management
ContinuitySA was named as the winner of the IRMSA 2018 Industry Award for the category "Professional Services, Training Providers, Consultants and Auditors", for outstanding contribution to risk management. In winning the IRMSA Industry Award through the recognition...
Outsourcing the policy administration function
Policy administration is a fundamental business function for any insurer. The stakes are high in ensuring consistent customer service delivery across the operational value chain; failure could result in complaints being lodged with the ombudsman, reputational damage,...
Encrypted traffic: making what’s vulnerable more visible
Dealing with encrypted traffic can be complex, costly, and disruptive. The problem escalates immeasurably if you are operating blind to cyber threats, which is basically what businesses are doing without a comprehensive SSL/TLS strategy in place. By Simon McCollough,...
The growing imperative for data science governance
There have been few days this year in which some aspect of client data protection has not featured in international news. By Dr Mark Nasila, chief analytics officer: consumer banking and chief risk officer at First National Bank The size and potentially devastating...
Be in the driving seat of your fleet security
The transport sector plays a key role in GDP contribution in the local and global environments, and is one of the key contributors to South Africa's economy. Indeed, almost everything that reaches the consumer has had a road experience, which means that the commercial...
How Cofense simulations defend against corporate phishing
Over the past few years, phishing attacks that target us at work have grown in sophistication and credibility. While they still pop up every now and then, the days of badly written e-mails claiming to be from long-lost uncles with millions of dollars merely needing to...
Managing the risk of procurement fraud
How proactive is your organisation in preventing procurement fraud? What measures are in place to reduce the possibility of incidents within your company and are they effective? These are questions every business should ponder regularly as the risk of procurement...
The danger of buying insurance without risk management advice
Risk management is perceived by most people as simply buying insurance. As a result, many companies take out insurance assuming they will be protected from the risks that they face, which is a rapidly eroding model that doesn't take stock of risks that are in fact...