November 27, 2024
Staying vigilant amid year-end fatigue and festive season distractions
Year-end fatigue and festive distractions heighten businesses' vulnerability to Business Email Compromise (BEC) scams. By fostering cybersecurity awareness, enforcing verification protocols, implementing robust email security, and securing insurance like Allianz’s Commercial Crime Policy, companies can safeguard against this growing threat.
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November 4, 2024
Risk Agency Warns Gauteng’s Water Crisis Will Intensify Without Strategic Action
Gauteng faces a critical water crisis as Rand Water warns of potential depletion this summer. Riskonet Africa urges businesses to act now by reviewing risk exposures and insurance coverages.
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November 4, 2024
Third Party risk keeps SA organisations vulnerable
A recent webinar hosted by SIGCyber of IITPSA emphasised the importance of Third Party Risk Management (TPRM) for mitigating cyber and broader business risks. Experts highlighted that managing third-party risks, beyond just cybersecurity, is essential for protecting sensitive information, reducing reputational, legal, and financial risks, and improving overall security.
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September 11, 2024
SA’s Biggest GDP Contributor Battles Climate Change Risk
The agriculture sector is vital for economic growth. It contributes 3% to GDP, supports 941,000 jobs, and generated US$13.2 billion in export revenue in 2023 – South Africa produces 10% of the global citrus production. But climate-induced changing weather patterns threaten the outlook for certain crop yields in 2024.
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October 9, 2024
Property and Cyber Risks SMEs are Faced With
Andrew Aubin, Aon South Africa's regional GM for the coastal region, highlights the escalating challenges faced by small businesses in South Africa due to economic pressures, crime, and geopolitical uncertainties.
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July 16, 2024
Business interruption is the top risk for the oil and gas sector in 2024
According to the Allianz Risk Barometer, business interruption is the top concern for the oil and gas sector in 2024, followed by energy crises, climate change, fire, explosions, and natural catastrophes. Addressing these risks is essential for business continuity and resilience.
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