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The recent hacking of the Gautrain Management Agency’s systems by an IT specialist which could have given the suspect access to funds in excess of R800-million belonging to staff serves as a timely reminder to all local businesses about the increasing number and severity of cybercrime attacks on local businesses.
According to reports recently released from multiple meteorological agencies*, 2014 could be regarded as the hottest year in recorded history – largely as a result of rising CO² emissions from human activity. Experts have warned that the rising temperatures will mean that South Africa will have to brace itself for a very dry and hot summer season.
Alexander Forbes Insurance (AFI) says that with the onset of the rainy season it is important for people to think of ways to reduce exposure to property damage and motor accidents that happen during inclement weather. In recent years the incidence of flooding by rivers or by surface water runoff has increased because of heavier rains and increase in urbanisation resulting in drainage being less effective.
Insurance claims and pay-outs soar as climate change wreaks havoc in the form of devastating storms.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?