SA's Financial Sector Conduct Authority and the Prudential Authority have brought the new Joint Standard for IT Governance and Risk Management into force this month.
Timeline
2024
November
- 15.
October
- 15. Software escrow enables financial services companies to keep their AI-driven systems running smoothly, regardless of the third-party provider’s future.
August
- 14. IP protection through technology and software escrow is critical to ensure investor confidence, business continuity and risk management for the operator, says ESCROWSURE.
July
- 3. While threat actors’ goals are ultimately money, making hostages out of data and software is their common strategy.
April
- 23. Cloud-based SaaS applications are undeniably the wave of the future, says Guy Krige, executive risk consultant at ESCROWSURE.
- 10. Financial services companies, including insurers, have until 15 November to comply with the requirements of the new Joint Standard for IT Governance and Risk Management