Sourced from Travellers Cybersecurity has become as much a business necessity as having electricity says South African financial services and insurance company, Sanlam. Threat actors are constantly evolving and relentlessly hunting for vulnerabilities, cybercrime has become so profitable that exploitation is their business priority, and regulation is increasingly complex to navigate and manage. For Sanlam, cybersecurity has always been more than plugging holes and filling gaps, it’s a priority that has to be embedded within business foundations while managing cost, growth, customer experience, data analytics and regulatory controls. “Developing a comprehensive and holistic cybersecurity solution is a mandate for us, one that we must meet to ensure customer, stakeholder and industry trust. ...
German Chancellor Angela Merkel and French President Emmanuel Macron called on Friday for European Union countries to coordinate their COVID-19 border reopening policies and guard against new variants of the virus. Macron said EU countries must be careful not to allow new variants to spread, adding that the EU was watching developments in Britain, which has seen a steep rise in the weekly reported cases of the Delta variant. “Some countries have reopened their borders earlier for tourist industry reasons, but we must be careful not to re-import new variants,” he told a joint news conference with Merkel before a working dinner at the chancellery in Berlin. Merkel added: “We can’t act as if the coronavirus is over.” “Caution is still necessary so that we have a summer of many freedoms, if no...
Former students of unity schools across the country, under the aegis of the Unity Schools Old Students Association (USOSA), have decried Thursday’s attack on the Federal Government College, Birnin Yauri, Kebbi State during which scores of students and teachers were abducted by bandits. Mr Lawrence Wilbert, the National President of USOSA, in a statement made available to Daily Independent, on Friday, called for an end to such sad incidents in Nigerian schools. The statement read: “The Unity Schools Old Students Association (USOSA) unequivocally condemns the abduction of scores of students and staff of Federal Government College, Birnin Yauri in Kebbi State by bandits in the morning of Thursday 17th June 2021. We also decry the fact that a police officer was killed while some students and s...
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...