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
Technology is truly a double-edged sword. You can’t live without it in today’s business environment but living with it invariably entails coming to grips with all its attendant risks – and there are many! Imagine how liberating it would be, if technology was allowed free reign in support of business
Do you know where your data is? In the event of a cyberattack, how fast can you reconstruct the data your business runs on? Every firm is fair game for cyberattackers, even if you think you don’t have “important” data? A cyberattack will do more than rob the firm of