Tag: cybersecurity

According to our new report, ‘How businesses can minimise the cost of a data breach’, enterprises in the Middle East, Turkey and Africa (META) that decide to voluntarily inform their stakeholders and the public about a breach, on average, are likely to lose 38% less than their peers that saw the incident leaked to the media. The same tendency has also been found to be the case in SMBs.

There is a significant decrease in the sheer number of ransomware attacks due to improved security, better backup strategies and faster data recovery measures. This has meant that the spray and pray approach is no longer effective for ransomware distribution. Although fewer ransoms are being paid, it doesn't mean less risk.

Medium-sized companies in South Africa are in a precarious position in terms of cybersecurity. While they find themselves firmly in the crosshairs of cybercriminals, they also have limited options to successfully defend themselves against cyberattacks, as the challenges faced by this market segment are multifaceted.

The Presidential Commission Report on the 4th Industrial Revolution makes several strategic recommendations, but it needs to be followed by agile policy and regulation. The Presidential Commission on the 4th Industrial Revolution (the Commission) was tasked with drawing up a strategy to enable South Africa to participate fully in the fourth industrial revolution (the 4IR). Its report was published on 23 October 2020.

The national lockdown forced a large contingency of the South African workforce to work from home and as it is somewhat of a new notion, it had its fair share of challenges. Yet recent studies have shown the shift to remote working has led to improved productivity for 29% of organisations.

Building a safer cybersecurity environment requires a collaborative approach by regulators and industry players across the planet. A recent report by Strategy Analytics, a global technology and media analyst agency, rated Huawei, Ericsson and Nokia as the top three global 5G RAN vendors in terms of equipment performance, RAN product portfolio, R&D investment and subscriber projections.

October marks International Cybersecurity Awareness Month which raises awareness around safety in cyber space as well as the need to upskill and treat cybercrime as a priority. Cyber attacks and disruptive events are on the rise, affecting 82% of organisations surveyed in the Technologies Global Data Protection Index 2020 Snapshot. These organisations included both public and private organisations.

This has been a year of disruption, confusion and now a new ‘normal’. COVID-19 is here for the foreseeable future, and that means humans need to adapt to new circumstances like Working from Home (WFH). Almost every industry has embraced this as an effective way of keeping staff safe, remaining operational and controlling costs during global economic downturn.

2020 has seen more people speaking of 'resilience' than ever before. While some organisations are well underway on their resilience journeys, others still ponder what resilience really means and how to start building it. Amidst global economic pressures, many organisations do not have the funds, resources and time available to develop and implement comprehensive programmes to enhance resilience.

Up until a few years ago, digital transformation was not high on the agenda for most finance chiefs. Though they recognised that IT was important, most CFOs thought of digital as a technology play, a channel strategy or a customer experience concern.