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...
Don’t dial that number …
When something looks too good to be true, it often it, writes Sarel Lamprecht, MD of cyber insurance company Phishield. Scams come in many shapes and sizes, and fraudsters will use whatever communication channel they can to lure in their unsuspecting victims. Take SMS...
Insuring against cyber risks
The cyber insurance market is a potentially huge, but still mostly untapped one. Organisations of all sizes are starting to understand the importance of cyber insurance in today's complex and volatile risk landscape. Sarel Lamprecht, MD of specialist cyber insurance...
Financial advantages of fleet telematics
The world of trucking fleets is changing as transport owners turn to telematics to reduce costs in an industry where overheads are rising and profit margins are being squeezed. Telematics is the technology of sending, receiving and storing information to keep track...
Walk your talk to improve your reputation
Businesses don't fail, leaders do. In the words of Henry Kissinger, "The task of the leader is to get his people from where they are to where they have not been." Leaders need to walk their talk; operational governance is an important building block in managing a...