Machine Learning (ML) is becoming an integral part of everything we do; there’s no getting away from it. We now reach for Google Maps and Waze – which are examples of how far ML has become integrated into our everyday activities – instead of thinking out our routes when we’re
Should those in the C-Suite be concerned when it comes to cybersecurity? The short answer: yes. There is no denying that being in the C-Suite signals that an executive has “arrived” and is among the movers and shakers of the organisation. But most people tend to see the perks that
Conversations with the Board are often stress-filled occasions for management. Broaching the subject of risk is never easy - even more so when it involves digital risk. But talking about digital risk to the Board is necessary because in today’s business environment, digital risk management spans an increasingly wide range
Knowing what to keep an eye out for where cybersecurity is concerned, is always helpful. But matters tend to become complicated when a real virus is added to the virtual ones already in circulation. Compounding the matter is the sudden spike in the volume of people now working from home.
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
Risk management is, to a great extent, about the psychology of managing risk. People have to accept that there is risk to begin with, then understand how to deal with it. In the process, they develop individual perspectives and approaches to risk which are further supported by organisational systems and processes.
Are companies that don’t innovate doomed to oblivion? Examples abound of firms that didn’t keep up with the times, and paid the price by not living to tell the tale. Kodak comes to mind. While rivals like Fuji moved on from manufacturing film to other products like digital cameras and
Digitisation has transformed many industries – media, transportation and retail, to name a few. Most organisations have accelerated their digitisation capabilities, being aware that if they do not, they will not survive. But this may not be enough for the New Normal; indeed, organisations which want to succeed in the
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
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