Tag: reputational damage

Data integrity, security, and availability are vital aspects to consider whether it pertains to personal information, business records, or research data. However, many individuals and organisations often neglect the importance of data maintenance, which can lead to data ‘load shedding’, a term used to describe the loss, corruption, or unavailability of data due to poor data management practices.

Hiring employees who misrepresent their qualifications can be a costly mistake for employers. Not only does it damage the reputation of the company, but it can also lead to a loss of productivity and profits. Fortunately, employers have legal recourse when an employee has misrepresented their qualifications during the hiring process, including claiming back remuneration.

The fact that ransomware and cyberattacks have become increasingly prevalent is common knowledge, and this has raised greater awareness of the need for effective data protection. However, ransomware and other data breaches are not the only concern for businesses. Protecting data is essential, but managing it is equally important.

With so many people using different platforms to connect and exchange information, social media has become an indispensable component of our personal and professional lives. However, as we have observed more frequently over the past few years, employees must exercise caution in what they post on social media because it may reflect poorly on the business they work for (employers themselves may be held liable), violate social media policies at work, and result in dismissal.

Companies and producers have in recent years come under increased pressure to run their operations in an environmentally responsible way - both from a legal and ethical standpoint. Whilst this is undoubtedly something to be lauded, it has sadly also given rise to a practice known as greenwashing.

Recycling has become a part of our day-to-day lives. Whether it’s the ritual of sorting our household waste or making the switch to reusable products, taking proactive steps towards sustainability goals by managing waste is already ingrained in our behaviour. This behaviour is supporting a widespread shift toward a circular economy.

Is the global economy headed into a recession? South Africa's economy has been flirting with a contracting state for several years. Numerous signs point to more countries landing in the same situation, even lapsing into persistent negative growth.

The process of ‘business rescue’, as outlined in the Companies Act, has become heavily stigmatised in South Africa, leading to undue strain on corporates and an overall less healthy business environment. Companies, like people, can get 'sick' from time to time. When this occurs, a business is said to be suffering from 'financial distress', a condition caused by various factors.

The pandemic has put a significant strain on all industry sectors none more so than in healthcare where there was a need to adopt more data-driven planning and decision-making at lightning speed. At a time when expanding remote care, telemedicine, and m-health initiatives have become the order of the day, the spotlight has turned to the safeguarding of sensitive information at a scale comparable to the financial services sector.

Comair returned to the headlines by advising on 1 June that it was voluntarily suspending its flights until the funding necessary to resume operations had been secured. What has got customers hot under the collar, though, is that it had advertised a one-day sale on the previous day (31 May).