Tag: Bring Your Own Device (BYOD)

Banks and financial service institutions (FSIs) come under pressure from government, shareholders, employees and customers as security risks increase during the pandemic. 98 percent of IT decision makers working in banks and FSIs in South Africa are under pressure to level up their security protocols, according to our new research.

The past year has seen a surge in cyber attacks, but that doesn’t mean that the worst is over. Not only were global economies ravaged by COVID-19 during 2020, but untold damage was done by cyber hackers, who showed they have no ethics or morals and attacked as many institutions as possible, including hospitals and vaccine manufacturers.

COVID-19 has turned into a global crisis, evolving at unprecedented speed and scale. Experts don’t know how long it will take to contain the virus so businesses are challenged with not only preparing for the short-term, but also developing new capabilities and ways of working that will seamlessly enable longer-term changes to how they operate.

Renewed emphasis on digitalisation as a key strategy for sustainability is placing pressure on CIOs to ensure corporate systems are resilient. One certainty that has emerged from the COVID-19 crisis is that organisations embarking on digitalisation were better prepared to respond to the crisis.

Payroll practitioners have access to vast amounts of personal, financial and health-related information of staff. The impact of European Data Protection Regulation (GDPR) and the Protection of Personal Information Bill falls on payroll in terms of action and accountability.

Renowned French philosopher, Paul Virilio once said; “When you invent the ship, you also invent the shipwreck.” How inevitable is this in technology today? Security professionals are having to work hard at putting in measures, best practices, mapping systems, lighthouses and beacons in order to reap the benefits of new innovations, all while managing potentially catastrophic risks.