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...
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...
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...
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...
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...
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...
