How we approach business risk needs to change
By Faith Ngwenya, technical executive at the South African Institute of Professional Accountants (SAIPA) "We need to recreate the traditional risk management process entirely if we are to sufficiently break down silos and become truly fluid," our institute's western...
Rise of the robots adds new risks
Chatbots, autonomous vehicles, and connected machines in digital factories foreshadow what the future will look like: the widespread implementation of artificial intelligence (AI) applications brings many advantages for businesses such as increased efficiencies, fewer...
Cyber risk and the challenge for directors
The jump in cyber attacks is challenging how boards approach risk management and their readiness to handle emerging threats, says WomenCorporateDirectors (WCD) and Marsh & McLennan Companies' Global Risk Center new joint report, "Cyber Risk Management Response and...
Pharma firms ramp up security spend
Pharmaceutical companies require efficient technologies such as Internet of Things (IoT), cloud computing, artificial intelligence and big data to manage information that is vital to the development and production of successful drugs. As a result, pharmaceutical firms...
Insuring our digital lives
The world of interconnected devices known as the Internet of Things (IoT) is set to go mass market, with the smart devices market already worth tens of billions of Dollars annually. However, many consumers are rightfully concerned about how secure these devices...
The future of self-driving cars
The introduction of self-driving cars looks set to change the way people commute in the very near future. Although some motorists might be feeling trepidation about the prospect of handing over control to a fully automated machine, many around the world are excited...
Cartrack grows global subscribers
Cartrack has announced growth of more than 85 000 subscribers since 1 September 2017 to more than 750 000 subscribers globally, at a year-on-year subscriber growth to date of about 25%. Cartrack's Global CEO, Zak Calisto, attributes this growth to Cartrack's...
Choosing the right cyber insurance provider
The slew of large-scale data breaches and cyber attacks have highlighted the need for organisations of all types to protect themselves against these risks. Cyber insurance is an effective way of mitigating these risks, particularly if you consider that the average...
How boardrooms are tackling risk in 2018
"As companies struggle to understand the impact of shifting economic markets around the world, boards of directors are up against some very tough governance and strategic challenges," says Susan Keating, CEO of WomenCorporateDirectors (WCD). "The risks around...
Cyber insurance for TFG cellphone customers
Customers buying cellphones from TFG (The Foschini Group) will be financially protected, and covered for financial losses incurred due to online cyber fraud. TFG and local cyber insurance company Mycybercare have partnered to bundle Mycybercare policies with...
MyCybercare offers personal data monitoring
MyCybercare has partnered with the Eyeonid Group AB to further protect its customers from cyber threats. MyCybercare, a specialist insurance provider underwritten by Genric Insurance, protects individuals and businesses from loss of funds as a result of online...
Taking enterprise security to the board
It's that time of year, again, with many companies busying themselves in the art of budgeting and forecasting for 2018. In some companies, this means the chief information security officer (CISO) having to communicate the importance of including enterprise security in...