Cybersecurity in the spotlight
09 September 2019 | Technology
Participants included representatives of ISACA, the Institute of Risk Management South Africa (IRMSA) and the Association of Certified Fraud Examiners (ACFE).
The conference comes in the light of that fact that in spite of economic losses due to cybercrime predicted to reach US$3 trillion by 2020 and that 74% of the world’s businesses can expect to be hacked in the coming year, current efforts to contain cyber crime remain largely insufficient.
Other major topics discussed centred on digital connectivity and how it plays a pivotal role in unlocking innovation and prosperity around the world and the risks that come with it. Risks to cybersecurity present major obstacles to our continued and collective path to progress, with cybercriminals taking advantage of a borderless playing field, with limited risk and retribution.
As the SADC region and Africa in general embraces technology, it becomes more vulnerable and attractive to cyber criminals. If a safe, resilient and internationally compliant series of networks aren’t ensured, these country’s risk of exposure and potential losses of money, data and fines – not to mention losing the trust of partners and stakeholders as well as clients – becomes a greater reality.
The event was closed with an inspiring talk by author, future, organisational culture and diversity expert Buhle Dlamini, who spoke about organisational readiness for digital disruption and the type of leadership required to navigate through the uncertainty that it creates. His talk focused on enabling organisations to make the most of the future world of work, manage across generations and create an effective, inclusive workplace.
According to Jan Coetzee, chairperson of ISACA Windhoek Chapter and Managing Director of Headway Consulting, industry bodies like ISACA, IRMSA and ACFE work together to contribute towards the economy as well as the educational system. “The three industry bodies will continue to provide awareness, education and training by sponsoring local educational seminars and workshops; and improving professionalism through accreditation services.”