Connect with us

Featured

Now you can measure your appetite for cyber risk

Published

on

RSA, the security division of EMC has announced a new framework designed for companies to inventory and prioritize cyber risks.

The framework, issued in a report RSA prepared with support from Deloitte Advisory Cyber Risk Services, gives organizations a new way not only to factor cyber risk into their overall risk appetite but to define the level of cyber risk they are willing to accept in the context of their overall business strategy.

As businesses strive to improve performance, many of the fundamental moves they undertake expose them to new cyber risks. Since organizations can’t turn the clock back on globalization, outsourcing, extending their third-party networks and moving to the cloud, they will need to realign their thinking about risk. The report, entitled “Cyber Risk Appetite: Defining and Understanding Risk in the Modern Enterprise,” concludes that organizations need a systematic process for defining and comprehensively categorizing sources of cyber risk, a new accounting of key stakeholders and risk owners, and a new way to calculate cyber risk appetite.

First, organizations need to redefine the term “cyber risk.” The term extends beyond hacks – planned attacks on information systems. While hacks are an important part of the equation, cyber risk encompasses a wider range of events that lead to potential of loss or harm related to technical infrastructure of the use of technology within an organization.

The paper provides a practical framework for inventorying and categorizing cyber risks across two dimensions of intent.  Cyber risk events could be the result of deliberately malicious attacks, such as a hacker carrying out an attack with the aim of compromising sensitive information. They could also be unintentional, such as user error that makes a system temporarily unavailable. Risk events may come from sources outside the organization, such as cybercriminals or supply chain partners, or sources inside the organization such as employees or contractors.

To effectively assess their cyber risk appetite, the report recommends that organizations take a comprehensive inventory of these cyber risks, quantify their potential impact and prioritize them. Organizations need to ask the right questions, such as what losses would be catastrophic, and what information absolutely cannot fall into the wrong hands or be made public. They need to prioritize the risk according to impact, ranking mission- and business-critical systems ahead of facets like core infrastructure and extended ecosystem (supply chain management applications and partner portals) and external public facing points of interaction. Prioritization needs to be an ongoing process involving constant evaluation and re-evaluation.

The report concludes that an organization’s ability to quantify cyber risk and make informed decisions about their cyber risk appetite will put them in a position to succeed. Some costs can be easily quantified: costs that include fines, legal fees, lost productivity and mitigation remediation and incident response. Other costs can be more difficult to determine – like diminished brand equity, reduced goodwill and the loss of intellectual property. Organizations need to develop the ability to demonstrate that the investments they are making align with the risks they face.

EXECUTIVE QUOTES:

Emily Mossburg, partner, Deloitte & Touche LLP and Deloitte Advisory Cyber Risk Services Resilient Practice Leader

“The very fundamental things that organizations undertake in order to drive performance and execute on their business strategies happen to also be the things that actually create cyber risk. Cyber risk is an issue that exists at the intersection of business risk, regulation, and technology. Executive decision-makers should understand the nature and magnitude of those risks, consider them against the benefits a strategic shift would deliver, and then make more informed decisions.”

David Walter, RSA GM, Global GRC

“Cyber risk is a critical issue in today’s organizations, touching aspects of business risk, regulation and technology. To effectively deal with these risks, executive decision-makers need to understand their organizations’ cyber risk appetites’ – balancing the nature and magnitude of those risks against the benefits a strategic shift would deliver. Then they can make more informed decisions.”

Featured

Load-shedding leads
local searches

South Africans are searching in the dark, according to the latest Google Search trends.

Published

on

With more 1 million search queries generated in the space of 76 hours, load-shedding was by far the top trending search on Google South Africa this week.

Valentine’s Day came a distant second.

After news emerged last Sunday of the impending stage 3 load shedding, South Africans had generated more than 1-million load-shedding search queries by the time Tuesday came around:

  • “Loadshedding schedule” – generated more than 100k searches on Sunday
  • “Load shedding schedule” – generated more than 100k searches on Sunday
  • “Eskom load shedding” – generated more than 100k searches on Sunday
  • “Load shedding Cape Town” – generated more than 50k searches on Sunday
  • “Load shedding schedule” – generated more than 400k on Monday
  • “Load shedding Johannesburg” – generated more than 20k searches on Monday
  • Load shedding schedule” generated more than 200k search queries on Tuesday

Leading up to Valentine’s Day, South Africans generated close to 300k search queries related to the romantic festival, including searches for quotes and gift ideas:

  • “Valentines Day” generated more than 100k search queries on Thursday
  • “Happy Valentines Day Images” and “Valentines Day Images” generated more than 10k search queries each on Thursday, with “Happy Valentines Day 2019” generating more than 20k search queries on Wednesday
  • “Valentines Day Specials 2019” generated more than 5k search queries on Thursday
  • “Love quotes” generated more than 5k search queries on Thursday
  • “Valentines Day quotes” generated more than 100k search queries and “Valentine messages” generated more than 50 000 search queries on Wednesday

Search trends information is gleaned from data collated by Google based on what South Africans have been searching for and asking Google. Google processes more than 40 000 search queries every second. This translates to more than a billion searches per day and 1.2 trillion searches per year worldwide. Live Google search trends data is available at https://www.google.co.za/trends/hottrends#pn=p40

Continue Reading

Featured

Showmax invites
student films

Published

on

Thanks to the growing popularity of video-on-demand services, there’s a new opportunity to help kickstart the careers of local filmmakers.

Numerous Hollywood blockbusters (District 9Tomb Raider 2018, and The Avengers: Age of Ultron to name a few) have featured substantial shoots in Johannesburg and Cape Town. While providing great opportunities for SA’s production talent, aspiring writers and directors don’t get the same benefit.

So where can local creatives showcase their work? Broadcast TV isn’t a natural home for unknown short films, and while self-publishing platforms are readily available hosting options, it’s tough to get noticed and get traffic when competing with videos from across the planet.

But with the emergence of video-on-demand services into the mainstream, there’s now a solution. The African film school AFDA has teamed up with the streaming service Showmax to give local talent a much larger platform than ever before. From 18 February, eighteen of the best recent short films made by AFDA students from their Johannesburg, Cape Town, Durban and Port Elizabeth campuses will be live on Showmax. Drama, documentary, fantasy, and animation are all represented, in pieces running from under eight minutes to almost half-an-hour long. The full list of movies is included below.

Teresa Passchier, CEO of AFDA, said: “AFDA, Africa’s number-one school for the Creative Economy, is proud to kickstart this exciting and meaningful journey with Showmax and AFDA students, ensuring emerging young African filmmakers’ voices are heard and given a platform. It’s ground-breaking to share young, local, culturally relevant content on the same platform as Hollywood blockbusters. I am certain that this unique initiative will serve to boost and develop the African film industry and the careers of many young South African and African students alike.”

Included in the short films coming to Showmax are the award winners Junior and O-PunchaJunior, directed by Bert Dijkstra, picked up the Audience Award in the Made in South Africa Competition at the shnit Worldwide Shortfilmfestival Awards 2017. O-Puncha, directed by Adam Hansen, won two awards at the 5th annual Eldorado Film Festival: Best Student Made Short, and Best Editing – Alexander La Cock.

Another celebrated film is Sicela Amanzi directed by Mlu Godola, which talks to the subject of water shortage. The film’s heroine Zoleka is a mild-mannered young woman forced to go to extreme lengths when a small community’s only source of water unexpectedly collapses. The power of films like this is they shine a light on critical topical issues in new ways.

Speaking about working with the film school, Candice Fangueiro, Head of Content for Showmax, said: “There’s immense depth of filmmaking talent in Africa and it’s a privilege to be able to give that talent a home and a platform. Showmax is becoming part of the fabric of film and TV production in Africa, and importantly we’re doing this as a partner rather than just as a consumer. This is a key competitive advantage of being local and something we aim to continue to work on.”

AFDA is an Academy Award-winning institution, founded in 1994, and the first and only African film school to win an Oscar – for the Best Foreign Student film in 2006, the postgraduate film Elalini, directed by Tristan Holmes.

The full list of AFDA short films coming to Showmax is as follows:

Film titleDirectorGenre
Lullaby from the CryptKeenan Lott & Raven DavidsAnimation
Ko Ga CherenyaneSibonokuhle MyatazaDocumentary
IzilwaneKyllian RouxDrama
MallemeuleJaco Van BoschDrama
Canal StreetBrodie MuirheadDrama
On the FenceWarrick BewsDrama
The Righteous FewLindo LangaDrama
Hlogoma PeakLuke AhrensDrama
Frozen FlameCameron HeathmanAnimation
WolfBrett van DortFantasy
The Walk HomeSisanda DyantyiDrama
BearWesley RoodtDrama
JuniorBert DijkstraDrama
O-PunchaAdam HansenDrama
UmngenoSiphosethu NdungeDrama
DoreenLuvuyo Equiano NyawoseDrama
ForeverLindo LangaMusical
Sicela AmanziMlu GodolaDrama

Continue Reading

Trending

Copyright © 2018 World Wide Worx