Tag: human error

The normalisation of remote working and increased business adoption of cloud technologies have significantly increased the cyberattack surface putting every company at risk of compromise. With more than 10% of internet user computers worldwide experiencing at least one malware-class attack last year and Kaspersky solutions blocking over 665 million attacks launched from online resources in various countries, cybersecurity skills are now more in demand than ever.

Insurers have been warning for years that the increasing size of vessels is leading to a higher accumulation of risk when something goes wrong. These fears are now being realised, with the MS Ever Given having blocked the Suez Canal for several days.

There are plenty of gags out there about how the main driver to fast-tracking digital transformation in business has been COVID-19, rather than the CTO – and , sadly, they’re largely true. The necessity of shifting the majority of global office workforces to a ‘work-from-home’ scenario almost overnight has seen a huge shift in the way businesses function – and forced those who weren’t embracing digital to do so, in a hurry.

Automation can help businesses decrease the R7.2 billion lost to admin. We’re racing towards the end of another tax year and we have heard about the Finance Minister’s proposed changes for the 2020/21 tax year. Not too long after Minister Tito Mboweni unveils changes to PAYE and other taxes during his budget speech on 26 February, the season for Employer Annual Reconciliations will open.

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.

Renowned French philosopher, Paul Virilio once said; “When you invent the ship, you also invent the shipwreck.” How inevitable is this in technology today? Security professionals are having to work hard at putting in measures, best practices, mapping systems, lighthouses and beacons in order to reap the benefits of new innovations, all while managing potentially catastrophic risks.

South African enterprise is no stranger to the phenomenon of cybercrime. In light of numerous high-profile data breaches, it is evident that digital espionage is on the rise. In fact, the South African Banking Risk Information Centre (Sabric) estimates that South Africans lose R2.2bn to internet fraud and phishing attacks annually.

With South Africa’s GDP growth forecast to be just 0.7% for 2019, most businesses are taking severe strain. To prevail in this difficult economic climate, each business will need to ensure that it is running an efficient operation. Here are some ways that small and medium businesses (SMBs) can reposition themselves to succeed in a downturn economy.

The year-long listeriosis outbreak in 2018, the Boeing 737 crashes in 2018 and 2019, and the collapse of the M1 Grayston Bridge in October 2015 are but a few out of many instances linked to some form of human error in business, frequently with long-term consequences.