Tag: disruption

The Financial Sector Regulation (FSCA) and the Prudential Authority (PA) published Joint Standard 2 of 2024 on Cybersecurity and Cyber Resilience Requirements on 17 May 2024. The Joint Standard 2 of 2024 (Joint Standard) applies to all financial institutions as defined in the Joint Standard. It sets out the requirements for sound practices and processes relating to cybersecurity and cyber resilience for financial institutions.

Businesses are often hesitant to embrace change, particularly when it involves crucial operations. Many organisations and industries worry that upgrading their infrastructure could cause disruptions and downtime impeding productivity. The fear is not entirely unfounded, as it is often based on historical examples of unsuccessful and costly migrations.

With national election taking place this month, we are stressing the importance of robust telecommunications security to facilitate a successful electoral process. This priority reflects our commitment to maintaining the integrity and efficiency of communications systems during crucial democratic events.

As artificial intelligence (AI) becomes increasingly integral to business operations, data governance is essential to ensure the ethical and effective use of this technology. Integrating AI responsibly into business processes must be an organisational priority.

Mitigating contractual disputes by exploring alternative dispute resolution (ADR) and arbitration in resolving supply chain disputes. The mining industry relies heavily on a complex network of suppliers, logistics partners, and transporters to ensure the efficient movement of raw materials.

Demand for managed software defined wide area networking (SD-WAN) solutions is experiencing explosive growth as businesses grapple with new connectivity and security challenges. SD-WAN plays an essential role in facilitating cloud migrations and hybrid working models at a time of growing cybersecurity threats.

While enterprise resource planning (ERPs) are applications used by businesses to manage and integrate the essential and crucial parts of their structures to streamline...

Each industrial revolution has caused disruption, but it doesn't necessarily mean a net loss of jobs. While automation and artificial intelligence (AI) can eliminate jobs and industries, they also create new ones. AI has already improved our lives, especially in the service industry, by increasing efficiency and giving us more free time for tasks like booking flights or ordering food. However, these improvements are somewhat superficial.

The uniquely challenging global events of the past few years have underscored the critical importance of people management for companies. Disruptions, including the pandemic and its aftermath, forced organisations to clearly define priorities and quickly build up specific capabilities in employee health and safety and more flexible working models.

Since emerging from the grips of the COVID-19 pandemic, various industries across Africa have rebounded relatively well after having to undergo a process of reinvention. Across the continent, key multibillion dollar industries are navigating new challenges to meet consumer needs and retain a strong customer base. For Africa’s entertainment and media (E&M) industry, 2022 was a challenging year.