Technology And Data Risk
Any organisation which uses technology in its operations to store, manipulate, transfer or create data or information, is at technological and data risk. This applies to practically every company operating today, regardless of their levels of technological use. Technology risk is a firm’s exposure to potential loss resulting from the
Digital risk management: Making Digitisation Work For You
Digital is the New Normal; digitisation is transforming every aspect of life as we know it, and industry is taking the lead. Today, we have digitised banking, publications and purchasing; as well as digitised teaching, learning, knowledge acquisition and service delivery. Digitisation is becoming all-pervasive, and unfortunately, so are the
Effective Cybersecurity Needs a Firm Base
Cybersecurity risks loom large in the risk management process. ERM principles and best practices have been found to boost the robustness of organisations’ cybersecurity and overall technological resilience. This is particularly important in view of the growing number and levels of sophistication of cyberattacks. Very often, the ripple effect and
Digitisation: Is It Worth It?
In the rush to keep up with the competition, it is inevitable that the focus will be on setting up systems, training personnel, and ensuring everyone is up to speed with the latest software. But very often, not enough attention is paid to managing the risks which are inherent in
Cybersecurity: New Risks in the New Normal?
It has taken a pandemic to show organisations where the gaps in their risk management systems are. With Covid-19 has come fear and anxiety, uncertainty and disruption the likes of which has never been experienced since World War II. When lockdowns were instituted across various countries, working from home (WFH)
Steps that you can take to blunt the edge off cyber attacks
Cyber threats have been around as long as there have been computers; it is only fairly recently, however, that we have become aware of their extent, and how damaging they can be. In the past three decades, we have seen various worms, viruses, trojans, malware and ransomware increase in virulence
Virtual Risks Can Be A Real Nightmare
‘Cybersecurity is no longer just a technology issue: it is a business one too’ – Neil Campbell, Director of Security Solutions of Australia’s leading telecommunication company, Telstra A local university was recently threatened with the potential leakage of personal details of more than 1 million students and alumni if they failed
Urgent need for Cybersecurity awareness
On April 28 during the 32nd ASEAN Summit held in Singapore, Singapore’s Prime Minister Lee Hsien Loong noted the importance of cooperation and coordination in cybersecurity at the regional level. His remarks were supported by an ASEAN-issued statement at the end of the summit, which demonstrated a concurred view among
Will digitisation help Enterprise Risk Management implementation success
And only rarely can an organisation find a risk and turn it into a paying proposition. But that is exactly what some companies have done. They are putting a positive spin on disruption and making it work for them – and they’re doing it precisely with the technology that causes
