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Cruywagen-IRMSA Risk Lab 2013
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The Rude Awakening: Risks Facing Businesses in 2013

2013/07/26
When: 2013/07/26
Where: Montecasino
Montecasino Boulevard
Fourways
Contact: Bronwyn Blyth


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World Economic Forum Global Risks 2013 - Do they affect South Africa? Are they different from domestic risks?

A panel of Risk Experts compiles the annual Global Risk Report for the WEF.

· Are these global risks relevant to South African organisations?

· How do international organisations like the WEF and Control Risks view the South African Risk Landscape?

· Investors are considering, and in some cases are actively pursuing, disinvestment from South Africa.

· We were the darlings of the world a short 15 years ago – why this RUDE AWAKENING?

The speakers and panellists will unpack these issues and explore the new relevance for South African organisations.

Marikana, De Doorns and Beyond – The Changing (and changed) Labour landscape and how it affects employers

South Africa faces continuing and growing unemployment with growing radicalism of the work force. The emergence of new and informal unions has turned the status quo upside down for employers and for unions -the proverbial RUDE AWAKENING.

The speakers and panel will explain and explore the consequences, including perception, reputation and investment matters of the events like Marikana, De Doorns and others.

The Political Landscape: The Impact of Mangaung – Risk or Opportunity?

The week of the ANC’s Mangaung Conference brought about a wave of optimism about new approaches from politicians to business; about new mining attitudes; no more nationalisation talks, etc. Since then there has been a RUDE AWAKENING with disappointment and disillusionment.

Get the low-down on the risks to business and civil society in South Africa that Mangaung has brought about. However, is it all bad news and down side?

Are there not also opportunities?

Our speaker, ably supported by the panellists, will examine all the issues flowing from Mangaung.

Corruption: Much wider impact than a mere Business Risk

Year after year South Africa moves up the ladder on the global list of corrupt nations.

The RUDE AWAKENING for South African organisations is that corruption does not only affect the parties involved, but has much wider impacts and consequences.

This session will provide a deeper insight into the overlooked consequences of corruption.

The Dominant Risk of 2013: Cyber Risk (Hacking and Hacktivism)

Recent news was dominated by cyber attacks and successful hacking of organisations as diverse as Sony, NASA and the SABC.

· A Chinese military unit was identified as a culprit hacking commercial and state organs to get competitive information.

· The activist group "Anonymous” and its associates target companies and state organs that are perceived to mistreat its customers or clients, by hacking into and taking control of their computer systems to achieve a particular end. This is activism by hacking or "hacktivism”.

· The Pentagon is subjected to more than three million hacking attempts per day and up to 90% of all e-mails coming into a medium-sized South African company consists of spam.

Most South African organisations live in complete ignorance, but the RUDE AWAKENING is the fact that no one is immune to this insidious form of attack.


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