Tag: cyber attack

Business interruption (BI) and cyber incidents are the primary concerns for the manufacturing sector within the automotive industry in 2024. The report, based on insights from over 3,000 risk management professionals and business leaders, highlights the growing importance of addressing these risks to ensure business continuity and safeguard against potential disruptions.

Reparative measures may have been taken to remedy the Companies and Intellectual Property Commission hack which reportedly took place on 29 February 2024 however this information breach may have long-lasting and detrimental effects!

Business leaders get it wrong when they assume that cyber resilience is only about digital tactics and tools. Cyber resilience strategies are destined to fail if they do not take the human element into consideration. To have a robust cyber resilience strategy, organisations must embed cyber resilience into the culture and every aspect of operations.

The concept of a crisis and how to manage it isn’t foreign to anyone running a business. Something untoward happens, it affects the business and then there are a host of effects ranging from revenue loss, reputation management and compliance questions.

Adding value one industry at a time, artificial intelligence (AI) is proving to be a fundamental tool in advancing technologies and enhancing various aspects of businesses all around the world. The agriculture industry is no exception. AI farming, also known as smart farming is gaining traction as many farmers have embraced a range of innovative AI-driven instruments.

Over the past several years sustainability has become a growing priority for most, if not all, organisations. Forward-thinking businesses, consumers and governments alike are increasingly looking at how to increase their sustainability efforts, while many decisions are increasingly being made with enhancing sustainability as an important driver.

Events such as the COVID-19 pandemic and rising levels of cybercrime are encouraging insurers to revisit their policy wording to exclude certain events. Over the past three years, the world has suffered serious humanitarian and financial losses from the COVID-19 pandemic, climate change and catastrophic weather, political unrest and wars in central Africa, Europe and more recently, the Middle East.

In a matter of seconds, it is possible to hold your phone up to your face and see what you will look like in 40 years. Or, you could fuse the image of your face with that of a celebrity. You could even record a birthday song for a friend in the voice of their favourite artist.

According to our survey, overwhelming majority of South African companies concerned about cloud security. In a local survey of 500 CTOs, Directors, C-suite respondents and business owners, we reveal that 89% of South African business leaders view cloud security as a major concern.

In the ever-evolving digital landscape of today, where data stands as the new currency, the demand for skilled data management professionals has become ever apparent. As a critical, ethical, legal and operational concern in modern business, data protection and management are essential for maintaining business continuity.