Directive in respect of Cybersecurity and Cyber-resilience within the National Payment System
In terms of section 10(1)(c) of the South African Reserve Bank Act 90 of 1989, as amended (SARB Act), the South African Reserve Bank (SARB) is required to perform such functions, implement such rules and procedures, and, in general, take such steps as may be necessary to establish, conduct, monitor, regulate and supervise payment, clearing and settlement systems.
Furthermore, the NPS Act provides for the management, administration, operation, regulation and supervision of payment, clearing and settlement systems in the Republic of South Africa, and for connected matters. The power to perform the functions as provided in the SARB Act and the NPS Act is performed by the National Payment System Department (NPSD) within the SARB. The SARB plays an important role in ensuring the safety, efficiency and resiliency of the national payment system (NPS).
King V on Corporate Governance – Foundational Concepts
The King V Foundational Concepts document explains the definition and purpose of corporate governance, positioning it as ethical and effective leadership aimed at four governance outcomes: ethical culture, performance and value creation, conformance and prudent control, and legitimacy. It clarifies King V’s voluntary legal status, its universal principles and proportional, outcomes-based practices, and the “apply and explain” disclosure regime supported by a dedicated Disclosure Framework. The paper sets out underpinning philosophies of systems value, integrated thinking, Ubuntu-Botho, corporate citizenship, stakeholder inclusivity, double materiality and integrated reporting as core lenses for interpreting and applying the Code.
Integrated Strategy, Risk & Resilience (ISRR) Toolkit: Phase 2 Templates
Integrated Strategy, Risk & Resilience (ISRR) Toolkit: Phase 2 Templates Phase II (Context Enablement) provides an integrated environmental scan and foresight template, stakeholder mapping and response canvases, ISO 31000‑aligned risk assessment packs, an integrated risk register structure, a resilience universe self‑assessment, terms of reference for an ISRR Working Group, and training material on integrated thinking……...
Strategic Management: Concept, Implementation, and Indicators of Success (Literature Review)
The purpose of this study is to provide views and help prove the results of scientific articles by reviewing and providing perceptions from the author, The research method used is qualitative, by looking for library sources related to those used in this scientific article from reputable journals, google scholar, and others.
The Mediating Role of Levers of Controls on the Association Between Sustainable Leadership and Organisational Resilience
This study examines the mediating role of Simons’ (Levers of control: How managers
use innovative control systems to drive strategic renewal, Harvard Business
School Press, 1995) levers of control (belief systems, boundary controls, interactive use of controls, diagnostic use of controls) on the association between sustainable leadership and organisational resilience.
Building The Resilient Organisation – 2021 Deloitte Global Resilience Report
“Once you’ve gone through a period of disruption on the scale that we
have in 2020 and seen how you can be more resilient, it really changes you.
You see how resilience can make your business more flexible, adaptable, and
forward‑thinking, and you can’t go back to how it was before.”
— Greg Tretiak, executive vice president and CFO, Power Corporation of Canada
State of Risk Oversight: Enterprise Risk Management Practices – 2023
In light of evolving challenges linked to ongoing geopolitical turmoil, social change, economic volatility, disruptive technologies, environmental expectations, and a host of other uncertainties, innovative and forward-looking business leaders are strengthening how they proactively manage potentially emerging risks that can quickly derail their organization’s strategic objectives and goals. Failure to anticipate changing
uncertainties can quickly trigger a flow of risks that significantly impact business models and strategic plans.
Cyber Risk and Cybersecurity: a Systematic Review of Data Availability
Cybercrime is estimated to have cost the global economy just under USD 1 trillion in 2020, indicating an increase of more than 50% since 2018. With the average cyber insurance claim rising from USD 145,000 in 2019 to USD 359,000 in 2020, there is a growing necessity for better cyber information sources, standardised databases, mandatory reporting and public awareness. This research analyses the extant academic and industry literature on cybersecurity and cyber risk management with a particular focus on data availability.
Data Governance – Providing Assurance regarding Data Risk Management
While the concept of risk related to data ethics is relatively new, Chief Audit Executives (CAEs) predict that its relevance will grow rapidly over the next five years. Complexity in the collection, analysis, and use of data is expanding rapidly, complicated by artificial intelligence.
Dynamic digital capabilities and supply chain resilience: The role of government effectiveness
Organizations in recent times are increasingly investing in building supply chain resilience following disruptions due to natural disasters, geo-political crises, and pandemics. A lack of government support has exacerbated the disruption to supply chains in some regions of the world. The positive influence of digitalization on social inclusion, government accountability, and creating a more open environment is well understood. Despite this, different countries have shown varying degrees of digital responsiveness during the pandemic as they attempted to deal with the effects of various COVID strains.