The Protection of Personal Information Act (POPI) aims to protect companies and consumers from the dangers associated with personal information falling into the wrong hands. Camargue has released a free e-book to help companies understand the act.
In 2014, 974 million company records were lost or stolen in South Africa alone – which is 31 records every second. The Protection of Personal Information Act (POPI) aims to protect companies and consumers from the dangers associated with personal information falling into the wrong hands as a result of such data breaches, and businesses who handle personal information must do so in accordance with the Act and its eight conditions for lawful processing. With more than a third of South Africa’s companies experiencing data breaches it’s clear there is an immediate and pressing need for organisations to get to grips with POPI and the implications of falling short of the requirements of the Act – which soon will be gazetted.
With many of the Acts provisions already in effect, Camargue has launched a new electronic guide to POPI – Protection of Personal Information Made Easy – reinforcing its proactive thought leadership approach to its classes of insurance. This initiative was commissioned to POPI expert, Kirsty Melville-Nieman, a passionate consumer rights activist and journalist known for her Consumer Protection Act Made Easy guide. The eBook is available free to brokers and their clients, and can be downloaded from the Group’s website.
POPI seeks to regulate the processing of personal information, from its collection to its destruction and everything in between – such as storage and safeguarding and according to Camargue managing director, Mitch Marescia, the legislation will significantly affect insurers, insurance brokers, and loss adjusters. “The impact of this legislation is far-reaching and familiarity with POPI is fundamental to delivering a professional insurance service and the industry must make a resolute effort to up skill on the matter. Knowledge is power!”
The new book’s eight chapters cover a vast array of topics associated with POPI, including legal definitions, dealing with data leaks, processing personal information and children, direct marketing, and the penalties for non-compliance to name but a few. Marescia says it’s practical, easy to digest, and cover to cover – an instructive and illuminating read.
“The penalties for non-compliance with POPI includes fines of up to R10 million or imprisonment depending on the offence; prison sentences vary and are under 12 months for lesser offences and up to 10 years for gross offences. POPI is not to be taken lightly. Ignorance will not cut it when it comes to defending negligence,” says Marescia. “And with DDOS attacks and ransomware continuing to spread and infect devices around the globe – it’s clear that criminals will keep reinventing and do whatever they can to exploit vulnerabilities and find new ways to attack, breach and steal.”
Data breaches risk exposing consumer’s personal information and opening them up to identity theft and fraud which was what lead to Target CEO’s resignation in December 2013 after the company announced that 110 million customers’ personal information had been breached. More than 40 million customers had their encrypted pin numbers, credit card and debit card numbers, card expiration dates, as well as the embedded code on the magnetic strip stolen. A further 70 million customers’ personal information which included names, addresses, email addresses and phone numbers were also compromised.
In another instance, despite nearly 60 000 security alerts being set off in the four month period between July and October 2013, luxury department Neiman Marcus only discovered the data breaches in January 2014. The retailer was in compliance with standards meant to protect transaction data when the attack occurred but 350 000 customers’ credit card information was stolen and of these 9200 have been used fraudulently since the attack [as of May 2014].
Another high profile case reported extensively was when up to 145 million eBay customers potentially had their personal information leaked – as admitted by the company in May last year. While email addresses, phone numbers and other details were hacked, eBay insists that there is no evidence that financial data was compromised.
Marescia says that these examples of cybercrime serve to demonstrate just how at risk of data breaches companies have become as a result of online predators and hacking in recent years – and confirming the massive scale on which they can occur. “Cybercrime is a new kind of terrorism – a form of warfare. This is not something that’s going to go away; it must be managed.”
Marescia concludes that many small and medium-sized businesses underestimate the threat online fraud poses to their profitability, cash flow and reputation. “Just because it can’t be seen doesn’t mean it’s any less real and companies big and small must take measures to manage, mitigate and migrate their risks.”
Protection of Personal Information Made Easy should not be seen as a substitute for legal advice – which should be secured in consultation with a qualified lawyer. Download a copy of Camargue’s free eBook: http://bit.ly/1fwiVi2
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CES 2012: At 50, James Bond falls to Blu-ray
At this year’s Consumer Electronics Show, in celebration of James Bond’s golden anniversary, Metro-Goldwyn-Mayer Studios and Twentieth Century Fox Home Entertainment today unveiled BOND 50, a collectible box-set featuring all 22 James Bond films on Blu-ray Disc for the first time in one complete offering.
As one of the founders of Internet Solutions (IS), Ronnie Apteker has already achieved great success in the business world – having developed the company from a start-up venture in 1993. He has since left IS and applied his entrepreneurial expertise to several online ventures and technology start-ups. In his new book, Funny Business: The Secrets of an accidental entrepreneur, he explores this journey with author Gus Silber, sharing his hilarious insight into the world of a serial entrepreneur.
As the date of the Discovery Invest Leadership Summit draws near, delegates are looking forward to hearing world-class speaker and award-winning author, journalist and TV personality, Stephen J. Dubner share his insights on what really makes our modern world tick.
Continuing on our previous article – ‘A cost effect and easy way to publish a book,’ Immanuel Suttner describes the ingenious ways he used the Internet to get his book off the ground. The Internet was used to collaborate with parties sitting oceans apart, to raising money to print the book, all the way through to getting the book on shelves across South Africa in time for the opening of the Soccer World Cup. You may be asking yourself what the book would look like? Well below is an extract, along with two spreads of the completed book.
When his publisher pulled out at the last minute, Immanuel Suttner was faced with a dilemma. To get into a long legal wrangle with the publisher, to abandon the project, or to go ahead and self publish. Self publishing meant taking on all the financial risks of producing a book, with no certainty as to whether the book would sell, or end up as a white elephant.
Prince of Persia: The Sands of Time is coming to South Africa in May. The movie was created by the same team that brought us the Pirates of the Caribbean trilogy on was shot on location in Ouarzazate in Morocco.
The fast-breaking storm of social networking has left marketers flailing about for shelter, a path to the calm in the eye of the storm, or at least a way to harness the energy in the turmoil. Some are turning to self-appointed experts, and some try to learn it as they go along. Somewhere in between comes a new guide to ‘Facebook Marketing’, with an umbrella of a sub-title that goes ‘Leverage Social Media to Grow Your Business’. Does it live up to its promises? ARTHUR GOLDSTUCK tests it against the social weather.
“The Mobile Office””, the latest book by technology writer and Gadget editor Arthur Goldstuck, reveals the true cost of connecting a small office or a mobile worker to the Internet – and sounds the death knell for dial-up access.
Cape Town-based author Lauren Beukes’s critically acclaimed debut novel, Moxyland, a speculative urban thriller set in South Africa, has been released as an ebook by Electric Book Works – and in the process has become the first ebook to contain an embedded music soundtrack. The soundtrack was compiled by African Dope Records to suit the mood and feel of the book …
Dummies guides have always undersold themselves, almost by definition, as they imply good advice only for the most uninitiated of novices. Sometimes, this is almost an absurdity, as Creating Web Pages for Dummies reveals with its 9-books-in-1 approach. But trying to be all things to all designers is also not the answer, as ARTHUR GOLDSTUCK discovers.””,””body-href””:””””}]”
Apteker and Silber team up for funny business
As one of the founders of Internet Solutions (IS), Ronnie Apteker has already achieved great success in the business world ‚ having developed the company from a start-up venture in 1993. He has since left IS and applied his entrepreneurial expertise to several online ventures and technology start-ups. In his new book, Funny Business: The Secrets of an accidental entrepreneur, he explores this journey with author Gus Silber, sharing his hilarious insight into the world of a serial entrepreneur.
As one of the founders of Internet Solutions (IS), Ronnie Apteker has already achieved great success in the business world ‚ having developed the company from a start-up venture in 1993. He has since left IS and applied his entrepreneurial expertise to several online ventures and technology start-ups. In his new book, Funny Business: The Secrets of an accidental entrepreneur, he explores this journey with author Gus Silber, sharing his hilarious insight into the world of a serial entrepreneur. ‚In our country, we are surrounded by stories, many of them uplifting and unforgettable. The World Cup story, from earlier this year – although it seems like a decade ago now – united the nation and captured the world’s imagination. That kind of story is one in a billion. So when Gus Silber approached me with an idea for a book that captures the lighter side of business, I got excited,‚ said Apteker who has great praise for the renowned author. ‚Gus is a fantastic writer and has a sharp sense of humour and a great insight into life in general. We also had the opportunity to take the lessons we have learnt here at Internet Solutions and present them in an entertaining and compelling volume of stories,‚ said Apteker at the recent IS conference – Internetix ‚ where delegates were each given a copy of the book before the launch. For Apteker, the book is not just about a collection of entertaining business stories, but it is insight into what it takes to make it as an entrepreneur. ‚What started out as two bagel-eating guys talking about the spirit of entrepreneurship, resulted in what I believe is a very cool book of stories about business and life. It’s a book that explores the way the world works, how to get things done, and why stuff happens. It’s about why people sometimes succeed against their expectations, and why people sometimes fail despite their best efforts and intentions. Talent and competence are two very different things. While many people in the world have talent and enthusiasm, a lot of them don’t win, and vice versa. Yes, a lot of people win without much talent, and with sloppy work ethics. What is the connection between being smart and winning in business? Is there a connection at all?‚ ‚Universities are full of very clever Professors with no money, and the world is full of crazy characters who are loaded with money. Of course, there are also a lot of smart people who have built big businesses. But the bottom line, whether you are smart or not, is that there is one thing that everyone needs to succeed ‚ luck. Without good luck, all bets are off. The American industrialist, J. Paul Getty, once said that the secret to success was: “You wake up early, you work hard, and you find oil.”” Tomorrow you could get up in the morning, and find gold in your back yard, and the rest will be history. Of course, the more you dig, the more you have a chance to find the glory at the end of the rainbow. But one thing is for sure, if you dig for oil in the Karoo you are not going to find it,‚ concluded Apteker.