Protect against the financial impact of violent protests
As South Africa reels from the financial costs of destruction of property and assets in the wake of #Feesmustfall protests, estimated to be in the region of R1-billion to date, Aon South Africa is advising business owners and individuals to review their assets...
The value of big data in fraud mitigation
Fintech company MyBucks has invested in technology that is specifically aimed at exploiting big data to mitigate fraud and identity theft. With its own in-house artificial intelligence (AI) team, Dave van Niekerk, CEO of MyBucks, explains that by using classification...
‘Tis the season to be careful
It's the time of year again when shops - and online portals - are already stocking up on festive season items, but be careful before you hand out credit card details to just anyone, writes Sarel Lamprecht, MD of leading cyber insurance company Phishield. Inevitably,...
Minimising risk in the private and public sectors
Risk is the major reason for uncertainty in any organisations of all types and sizes, both in the public and private sectors. This is why businesses are focusing more and more on identifying risks and managing them before they even affect the organisation. "The...
Social media liability insurance a must
A study by World Wide Worx and Fuseware has revealed that Facebook is being used by about 13-million South Africans, which is a quarter of the country's population. All these people have the means to write, publish and circulate articles and video recordings faster...
Is your business properly covered for cybercrime?
According to the 2016 PwC Global Economic Crime Survey, 32% of South African organisations have experienced cybercrime - a figure which is said to be increasing rapidly as at least 57% of respondents believed they'd be affected by cybercrime within the next two years....
Your intellectual property is not immune
Regardless of how much of your business is run offline, you are still a target, says Sarel Lamprecht, MD of cyber insurance provider Phishield. Even sectors of the economy that have thought themselves immune to cyber attacks - because they don't traditionally need...
Keep the wheels turning if things go wrong
Starting a business is a huge achievement, while the greatest challenge is to sustain and develop it. There are many threats to a business that can take it from profitability to extreme financial hardship in an instant, and many risks are entirely beyond our control....
Information protection a key consumer concern
According to the Consumer Loss Barometer, the financial services sector is the most proactive when it comes to investing in and focusing on information security, yet more than one-third of consumers say their personal bank accounts have been compromised and almost...
Cyber insurance offers strategic advantages
Keeping an organisation's most valuable assets secure over an array of networks and connections is a collaborative and complex process, involving and impacting on all aspects of the business. In addition, despite increasingly strong security measures, breaches still...
Safely getting around online
The World Wide Web is a great resource, but that doesn't mean you don't have to take precautions, writes Sarel Lamprecht, MD of cyber insurance company Phishield. Although the Web is 27 years old, newspaper reports abound of people being taken for a ride. There are,...
The risks and costs of an aging system
Communications systems are the lifeline of a business as this is where your clients turn to when they need to reach you or when you need to reach them. With technology advancing at a rapid rate, conventional communications systems are no longer adequate enough to...