Tag: data security

In the recent months, cyber attacks have risen to become one of the biggest threats to the digital health of corporations – with even the most heavily protected businesses becoming vulnerable to data theft.  According to research by Kaspersky, Africa has faced ‘millions of cyber attacks’ in 2020.

Regulators are no longer afraid to protect peoples’ rights to privacy against tech giants. In recent years, we have seen the likes of Google and Facebook receive large amounts of General Data Protection Regulation (GDPR) fines.

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.

Mobile-internet developments have made smart devices the most popular way to go online. These devices store a wealth of user data with an increasing number of apps installed from uncontrolled sources, but also raise security risks.

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.

It’s safe to say the pandemic has sparked a record demand for tech products and solutions. Though business leaders have been talking about digital transformation for years, COVID-19 has been the catalyst for them to stop talking and start implementing.

Experian - a consumer, business and credit information services agency – has experienced a breach of data which has exposed some personal information of as many as 24 million South Africans and 793,749 business entities to a suspected fraudster.

Alongside with the International Advertising Association (IAA), we have released the two-volume set, Privacy Law: A Global Legal Perspective on Data Protection Relating to Advertising & Marketing. It is the first-ever guide to how privacy laws affect marketing and advertising around the world.

The COVID-19 pandemic has taken a huge toll worldwide for both individuals and economies. As a precaution, many countries have implemented strict lockdown measures such as closing schools, restaurants and borders, while mask-wearing in public and social distancing have become a must.

Changes in the way customers expect to engage with the financial services sector and increasing pressure from regulators is compelling financial services companies to come up with innovative ways to manage their data. Financial services businesses view information/data as a significant corporate asset.