Concern as cyber-crime becomes huge risk to business

cyber law

Leonard Ncube in Victoria Falls
CYBER-CRIME is fast becoming a huge risk to businesses hence the need to come up with innovative strategies to protect enterprises while embracing modern technology.

This emerged during the on-going Insurance Institute of Zimbabwe annual conference, which began here Monday.

A corporate governance expert, Ms Nobuhle Nkosi, who heads South African Allianz Global Corporate and Specialty said cyber-crime was the leading risk in business ahead of new technology and market developments.

“A research done recently showed that 42 percent of people regard cyber-crime as the highest risk followed by new technology and market developments. Criminals are becoming smarter hence regulations around the world are also becoming stringent,” said Ms Nkosi.

Speaking at the same platform, a renowned management consultant, Mr Joe Mutizwa, called for a paradigm shift and innovation-based survival strategies. Mr Mutizwa is the chief

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