Tag: cyber security
Cyber governance – risk management & reporting now critical!
Recent global events, specifically the global COVID-19 pandemic, have caused widespread business disruption and transformation, forcing businesses to adapt to new ways of working in an extremely short period.
Innovative trends to boost the SA economy in 2021
Although the rise of COVID-19 presented many challenges to our country in the year 2020, it stimulated the growth of technological innovations that we can build on to the effects on how we do business, how we trade, how we work, how we produce goods, how we learn, how we seek medical services and how we entertain ourselves in 2021.
2021 D&O risks driven by insolvencies, cyber threats & ESG scrutiny
The COVID-19 pandemic has created a highly volatile and uncertain environment for businesses resulting in a litany of new or heightened risks for directors and officers (D&O) as well as exacerbating the situation in an already strained D&O insurance market.
Managing data veracity and security practices vital to business
In an accelerated digital landscape marked by ever-increasing amounts of data processed every day, information technology practitioners must navigate through multiple information lifecycle management practices daily to ensure the veracity of business data.
Data breaches becoming more common
Another day, another data breach. South African businesses are becoming more susceptible to cyberattacks and seem to be easy targets for criminals. Data breaches are now a common phenomenon with Nedbank, Momentum, Lombard Insurance, Experian and Stefanutti Stocks making headline news.
Delivering better cyber security
Cyber security and privacy risks should be the top priority for any business at present, especially whilst trying to accommodate all staff in their new remote working environments. In the rush to get everybody working from home, security probably wasn’t top of mind and this presents a major threat for many businesses and people working from home for the first time.
COVID-19: a profitable opportunity for cybercriminals
COVID-19, the virus which is shaking the world — is rapidly increasing the number of employees who work remotely. This mass exodus of employees from the 'more secure' office environment into the unsecured home terrain is a breeding ground for cyber security risk.
Becoming cloud-native and container-led
This year, open source will become even more fundamental to the success of companies as they transition to fully-fledged digitally-led businesses. In the coming months, proprietary software will lose relevance as local organisations start embracing the likes of the cloud and containers to deliver value and capitalise on growth opportunities.
Is lack of email security hanging businesses out to dry?
Mimecast’s latest Email Security Risk Assessment (ESRA) report has found a 269% increase in Business Email Compromise (BEC) attacks. Furthermore, the FBI recently indicated that worldwide losses from such attacks amounted to approximately $26 billion over the last three years.
Proactivity is the key to effective cybersecurity
Given current threat levels, all organisations should assume that they will experience some sort of cyber security incident sooner or later—probably sooner. Plan for the worst and, most important of all, know what to do when an incident occurs.