Risk Advisory insights

The rising tide of cyber attacks has implications for businesses everywhere

18 November 2021
Cyber risk is a challenge for businesses – big and small and they are growing significantly in scale and impact. For boards across all sectors, this needs to be addressed as a top priority risk. At board level, while driving growth the C-Suite will be expected to anticipate and manage cyber security risk as a key priority.

ISA 240 through data analysis techniques

17 November 2021
The International Standards of Auditing (ISA) 240 lays out the auditors’ responsibilities relating to fraud in an audit of financial statements. According to this standard, the primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the entity and management.

Benefits of data analytics for external audit

26 May 2021
As the digital revolution progresses, terms such as Big data, Data Analytics and Automation have become increasingly popular amongst auditors.

Data Analytics FAQs

22 April 2021
What are data analytics?

COVID-19 Business Interruption Insurance Services

26 May 2020
The COVID-19 pandemic has caused severe disruptions to businesses across South Africa, and worldwide. For many businesses it is likely that the impact of the pandemic will continue into the foreseeable future. 

COVID-19 and Business Continuity Risk

12 March 2020
“I don’t know what I don’t know”. This phrase has never been truer than it is right now when it comes to COVID-19 and its impact on business continuity.

8 cybersecurity tips for Black Friday

21 November 2019
As we head towards the infamous Black Friday and Cyber Monday, scammers will be looking to take full advantage of unsuspecting online shoppers. This means that organisations and their employees need to be aware, alert and on the lookout for potential scams.

RSM’s cybersecurity top tips

2 October 2019
RSM’s ‘Catch 22: Digital transformation and its impact on cybersecurity’ report clearly shows that organisations must do much more to protect themselves. Businesses should not wait for a breach to occur before investing. A breach is inevitable and choosing to react rather than protect could create untold damage to an organisation .

Creating an enterprise-wide awareness of risk

9 November 2018
We have all seen the brazen headlines depicting the latest fraud scandal and organisations crumbling as a result. We are saturated with recommendations, codes, standards and acts concerning Corporate Governance and Risk Management.

What is SOX Compliance?

27 June 2018
During a time when names like Enron, WorldCom, Arthur Andersen, and Tyco were making headlines in the news, Maryland Democratic Senator Paul Sarbanes and Ohio Republican Congressman Michael Garver Oxley were working feverishly to come up the Sarbanes Oxley Act of 2002 (SOX).

The benefits of internal audit to a company's performance

6 March 2018
Internal audit can play a vital role in improving the performance of a company. Internal auditors assist companies in identifying key risk factors. This enables the company to anticipate potential future concerns as well as identifying current weaknesses.

Protecting your organisation from ransomware

30 May 2017
Ransomware, also known as WannaCry/WannaCrypt0r recently hit worldwide with one of the biggest attacks in cybersecurity history. It struck the NHS (National Health Service) in Britain, affecting 40 hospitals to the extent that appointments had to be cancelled, surgeries postponed, essentially affecting many lives.

A look at the basics of cybersecurity

29 May 2017
Cybersecurity is the body of technologies, processes and practices designed to protect networks, computers, programs and data from attack, damage or unauthorised access. Thus security includes both cybersecurity and physical security.

B-BBEE points for Broad-Based Ownership Schemes and Employee Ownership Schemes

25 September 2015
Following the release of the so called Notice of Clarification of 5 May 2015 and the anticipated and justifiable reaction to the impact of the Broad-Based Ownership Schemes (“BBOS”) and Employee Share Ownership Programs, (“ESOP”) The Department of Trade and Industry (“DTI”) has been forced to retract the Notice and reinstate the benefits associated to such schemes.

The need for concern over BYOD

25 September 2015
Over recent years, you would have heard the term BYOD mentioned with increased frequency. So it would be natural to ask oneself: “What is BYOD, and why is it garnering so much attention?”

To comply or not to comply - that is NOT the question

25 September 2015
Regulatory compliance is not an “optional extra” for an organisation these days. Stakeholders are more enlightened, and with the advent of social media, a newsworthy transgression by any organisation can reach a global audience within seconds.

Cybersecurity takes centre stage

23 September 2015
If there was ever a time that information security was on the radar of risk management committees it would be now. It is an aspect of Enterprise Risk Management (ERM) that now demands attention and recognition. Cybersecurity is leading the charge in this constantly evolving field.

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