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ESCOWSURE Blog

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.

Migrated your business-critical software to the cloud?

Migrated your business-critical software to the cloud?

If you have moved your software to the cloud, it does not de-risk your dependence on third-party software vendors. Rather, with cloud hosted software the risks and dependencies are increased, and a little more complex.  We need to understand what these risks are in...

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GBP56 million fine, and what it means for SA businesses

GBP56 million fine, and what it means for SA businesses

When the Risk Manager of RBS arrived at work, he couldn’t have known that at 3pm he would be plunged into the worst nightmare of his career. When a system’s upgrade went wrong, staff tried to return to the original system, which failed. He had a back-up of course, but...

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Keep calm and manage your IT Risk

Keep calm and manage your IT Risk

"There is a joke doing the rounds about who was responsible for initiating your digital transformation, the CEO, CIO, CTO or COVID-19?" Today in Futurewave Business IT (23 April 2020) The reality is that suppliers of outsourced IT solutions represent significant risk...

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Twitter Loses its Source Code

Twitter Loses its Source Code

A leak of sensitive source code poses a serious security risk, as it provides valuable information to hackers and malicious actors who may attempt to exploit vulnerabilities in the code. It is therefore important for companies like Twitter to take steps to secure...

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Global Insolvencies: Mitigate IT Risk with SaaS Escrow

Global Insolvencies: Mitigate IT Risk with SaaS Escrow

If your business relies on SaaS hosted applications or if it licenses software from a developer, now is the time to consider putting a software escrow agreement in place to ensure the business can keep trading if your IT service provider is declared insolvent or...

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Introducing Software Escrow

Introducing Software Escrow

What exactly is Software Escrow and how does it benefit you and your business? Every business relies on at least one business critical application. This could be your CRM, accounting software, stock control or logistics. What happens if the developer of your...

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Why It Is Not a Good Idea for CIOs to Self-insure

Why It Is Not a Good Idea for CIOs to Self-insure

The temptation for Chief Information Officers (CIOs) to self-insure business-critical software often happens after they’ve had a few bad experiences with escrow service providers that deliver substandard service. CIOs may feel they are best suited to insure their...

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The Risks of Digital Transformation

The Risks of Digital Transformation

NEDBANK posted outstanding financial results for the first half of 2022. It attributed much of its success to a massive digital transformation overseen by COO, Mfundo Nkuhlu. However, the risks of digital transformation cannot be ignored, and can cause dire...

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