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Archive | Technologically Speaking

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When an organisation needs prior authorisation before processing information

When does an organisation need prior authorisation before processing information?

From 1 February next year, organisations that process certain types of information will have to obtain prior authorisation from the Information Regulator (IR). This will affect, among others, organisations that conduct credit or criminal background checks, or transfer special personal information to third parties in foreign countries. Section 57 of the Protection of Personal Information […]

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‘Getting the basics right protects against 98% of cyber threats’

‘Getting the basics right protects against 98% of cyber threats’

Implementing basic cyber security “hygiene” will protect organisations from 98% of cyber threats and help them to prepare for new threats as technology advances, says Microsoft’s 2021 Digital Defense Report. Technology is an essential element of business operations – something that has only been accelerated over the past 18 months – and cybersecurity must be […]

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Regulator publishes proposed amendments to POPIA

Information Regulator publishes proposed amendments to POPIA

The Information Regulator (IR) has finally published the proposed amendments to the regulations issued in terms of the Protection of Personal Information Act (POPIA). It has also published the Rules of Procedure governing how a complaint must be submitted to and handled by the regulator. On 9 September, the regulator invited members of the public […]

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Cybercriminals breach data records of 1.4 million consumers

Cybercriminals breach data records of 1.4 million consumers

In South Africa’s latest major data breach, it has emerged that cybercriminals accessed the personal records of more than 1.4 million consumers and employees in a ransomware attack on the servers of Debt-IN Consultants. African Bank has confirmed that the information of a number of customers in debt review has been compromised in the attack. […]

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Threats and opportunities in changing insurance landscape

Threats and opportunities in changing insurance landscape

A dominant theme in this year’s Santam Insurance Barometer is how the rapid adoption of technology is changing the insurance landscape, and insurers and intermediaries need to be aware of the potential opportunities and threats. As Vuyo Rankoe, Santam’s head of Niche Business, notes, the use of technology was increasing before Covid-19, but it has […]

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Are great expectations by HNW investors misplaced

Are great expectations by HNW investors misplaced?

High-net-worth South African investors are hugely optimistic about what their investments will return over the next five years, expecting an average annual return of 15.2% during this period, an increase of 2.5% since last year. This is according to the latest Schroders Global Investor Study (GIS). Local investors’ return expectations are substantially higher than those […]

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2022 is closer than you think

2022 is closer than you think

A month or so ago I watched a documentary on Showmax titled ‘Our Towns’, the film version of a book, ‘Our Towns, A 100 000 Mile Journey in the Heart of America’, by James and Deborah Fallows.  The documentary piqued my interest and I sourced a copy of the book which I’ve been reading the […]

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