Allianz Cybersecurity
Security versus functionality: avoiding end user revolt
One of the biggest challenges facing any CISO today is a term we call end user revolt – when users circumvent all security measures and protocols in order to do their jobs. When the business puts mechanisms in place to secure its infrastructure but these hinder users from being productive, users will always find a way around them. For example, if they are unable to copy a phone number from their email to WhatsApp for business purposes, they will simply forward the mail to their private email or a web application and copy it from there to get the job done. Typically, they are not doing this with malicious intent, but to make life easier. Not delivering what users need, or actively hampering their ability to work, inevitably leads to workarounds and Shadow IT, which raises security, budgetar...
Cyber Insurance: A Growing Demand for All Companies?
Image sourced from Forbes. The advancement of connectivity in light of the digital revolution has radically transformed our lives and brought unprecedented benefits to companies in the way they operate and do business. However, digitalization is a double-edged sword and comes with risks as well, among them cyber exposures. Companies are facing a number of challenges such as the prospect of more disruptive and expensive business interruptions, the increase in the frequency and cost of ransomware incidents, the consequences from larger data breaches and more robust regulation – both at home and overseas – as well as the prospect of litigation if something does go wrong. In 2021, cyber incidents ranked among top business risks in South Africa, Africa and globally in the Allianz Risk Barometer...
