Software Escrow News & Insights
The Latest International Developments in Software Escrow
Keep up to date with the latest software escrow information for protecting business using on-premise and cloud hosted applications.
Software Supplier Failure: The Hidden Governance Risk in Public Digital Infrastructure
Software supplier failure can shut down critical public services and expose governing bodies to regulatory risk. Most continuity strategies fail because they assume control that does not exist. This article explains why recoverability is now a governance requirement, not an IT concern.
ESCROWSURE CITO EAST AFRICA Kenya Visit Surfaces Escalating Vendor Continuity Risk Across East Africa
ESCROWSURE’s recent visit to Nairobi, undertaken at the special invitation of Joel Roerig and the CITO East Africa leadership team, has highlighted a growing structural vulnerability within East Africa’s digital acceleration agenda: increasing reliance on third party...
APP Solutions Acquires ESCROWSURE to Expand Global Footprint in Software Escrow and Tech Due Diligence
Johannesburg – [20 November] – APP Solutions, a European group leader in technology due diligence and software IP protection, has acquired ESCROWSURE, South Africa’s foremost software escrow provider, in a move that brings global tools and standards to the African...
Ensuring Software Escrow Compliance for Financial Institutions in Singapore
The Importance of Software Escrow Under MAS Regulations The Monetary Authority of Singapore (MAS) has reinforced the importance of software escrow agreements in its Technology Risk Management Guidelines (2021). As financial institutions (FIs) increasingly depend on...
Safeguarding Financial Institutions: Lessons from the Uganda Central Bank Cyber Attack
Cybersecurity and cyber attack threats have become an escalating concern for financial institutions globally, with the recent hacking incident involving Uganda’s central bank shining a light on these critical vulnerabilities. As financial entities increasingly rely on...
IT Governance Takes Centre Stage: South Africa’s New Regulation Explained
The rise of digitalisation in financial services has made South African banks, asset managers, and insurers increasingly reliant on third-party software suppliers. This growing dependency has expanded the risk landscape which has prompted a decisive response from the...
How Companies Secure Their Digital Transformation in South Africa
As South African businesses increasingly embrace digital transformation, the reliance on custom software has become essential, not only for streamlining operations but as a primary revenue driver. From banking, financial services, insurance, and asset managers, many...
Why Financial Services Need Software Escrow for Their AI-Powered Apps
Artificial intelligence (AI) is already part of our daily lives. We use it as a tool to speed up the pace of day-to-day work. However, as beneficial as it is, there are some obvious loopholes that need to be closed off for everyone’s safety and security. So, it comes...
The Uses and Benefits of Software Escrow
How to Protect Your Business from Catastrophic Software Failure. Businesses across industries rely on software to run smoothly. Think of your business. What software do employees use to get their daily tasks done? Whether it’s a bespoke application, cloud-based...
How Software Escrow Protects Software Development Companies and Their IP
For software development companies in South Africa, the need to protect intellectual property (IP) and ensure business continuity are crucial concerns. Software development companies often face significant risks related to the ownership and accessibility of their...
Your Vital Business Lifeline: How Software Escrow Protects Your Operations
The financial services industry is no stranger to risk. Every day, you deal with a complex array of regulations, cybersecurity threats, and operational challenges. Amidst all this, the software you rely on – often from third-party vendors – is a crucial lifeline, but...
Protecting IP in South Africa’s Energy Transition
IP protection is a critical need for Risk Managers. South Africa is on the brink of a significant energy shift. With Minister Kgosientsho Ramokgopa leading the newly created Ministry of Energy and Electricity, the country is poised to accelerate its transition to...
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