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Report back from Governance, Risk and Compliance
GRC - it's about implementation
Hi-tech boardrooms
IT value baffles organisations
Effective communication builds trust
POPI to make life easier for IT
Risk management must not be event-driven
Aligning technology and strategy

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GRC - it's about implementation

By Joanne Carew, portals journalist.
Johannesburg, 7 March 2013

When it comes to governance, risk and compliance (GRC), repetitive assessments without any unique concrete implementation plans are futile.

So says Gary Hardy, leader of the IT Governance Centre of Excellence at Deloitte.Speaking at ITWeb’s GRC Conference this week, he described proper GRC implementation as a way to drive value from IT. “IT is for everybody,” he said, describing IT as a transformative tool. “If we are going to transform this country’s economy and the way we provide support to our citizens, all of those initiatives will probably revolve around IT, and if IT is not successful, the transformation initiatives will not be successful.”

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Hi-tech boardrooms

By Joanne Carew, portals journalist.
Johannesburg, 7 March 2013

There has been a shift in technology towards a user perspective, and this evolution has had a major impact on the boardroom.

So said Steve Jump, head of corporate information security governance at Telkom, speaking at ITWeb’s GRC Conference this week.

 “Unless you have been sleeping or engaged in extremely long boardroom meetings for the last few years, you will have noticed a few changes in technology, and what is transitioning that change is devices like iPads, iPhones and smartphones,” he said, describing these tools as “information access devices”.

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IT value baffles organisations

By Joanne Carew, portals journalist.
Johannesburg, 7 March 2013

IT departments are facing increasing pressure to prove the business value of IT investments within organisations.

 This was the word from Vincent Mello, manager: system administration and risk management for IT infrastructure and operations at Rand Water.

Mello was speaking during the ITWeb Governance, Risk and Compliance Conference, in Bryanston, yesterday.

 According to Mello, measuring the value of IT in a business has never been an easy task for many organisations. “IT expenses are usually seen as a black hole by many enterprises,” he said.

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The board should be the ultimate custodian of the corporate reputation and stakeholder relationships, says WebTechLaw’s Paul Jacobson.Effective communication builds trust

By Admire Moyo, ITWeb's portals deputy editor.
Johannesburg, 7 March 2013

Transparent and effective communication with stakeholders is essential for building and maintaining their trust and confidence.

So said Paul Jacobson, director at WebTechLaw, who was addressing the ITWeb Governance, Risk and Compliance Conference, in Bryanston, yesterday.

In his keynote address, titled “Reputation management as an emerging GRC challenge”, Jacobson said stakeholders who can effect an organisation include shareholders, customers, media, communities, analysts, employees or potential investors.

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POPI to make life easier for IT

By Admire Moyo, ITWeb's portals deputy editor.
Johannesburg, 7 March 2013

The imminent Protection of Personal Information (POPI) Bill will make life easier for the IT industry.

This is according to Nerushka Deosaran, an associate at Norton Rose law firm, speaking during the ITWeb Governance, Risk and Compliance Conference at The Forum in Bryanston yesterday.

Deosaran explained that though SA had privacy laws, these laws were not clearly demarcated and POPI will come in to set out the boundaries.

According to Deosaran, the proposed law seeks to secure the integrity and confidentiality of personal information by taking appropriate, reasonable technical and organisational measures to prevent loss, damage, unauthorised destruction of personal information and the unlawful access to or processing of personal information.

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Risk management must not be event-driven

By Admire Moyo, ITWeb's portals deputy editor.
Johannesburg, 6 March 2013

Enterprise risk management (ERM) must not be driven by events, as this approach usually does not result in an organisation getting the desired results.

So said Tichaona Zororo, director of EGIT, in a keynote address during the ITWeb Governance, Risk and Compliance Conference in Johannesburg yesterday.

According to Zororo, rather than being reactive, organisations must be proactive when putting ERM measures in place.

“EPM is not about patching up holes,” he said. “It is also not about taking a ‘stove pipe’ approach that only fixes short-term problems.”

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A radical mindset change is needed when it comes to IT governance, says OverSight Solutions’ Mike Jarvis.Aligning technology and strategy

By Kirsten Doyle, ITWeb portals editor
Johannesburg, 5 March 2013

Local organisations fall behind when it comes to IT governance and see the practice as a cost imposition, instead of a value proposition. This is the wrong approach.

A board of directors’ primary function is to maximise value for all stakeholders. Governance is the process by which value is evaluated, directed and monitored. Why then does IT’s performance always disappoint?

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IN THE NEWS
GRC a matter of optimisation, alignmentJonathan Le Roux
18 Feb 2013 – Governance, risk and compliance is seen as a big project, but most organisations already have processes in place without realising it, says RSA.
The missing link in IT governanceJonathan Le Roux
14 Feb 2013 – Governance interventions tend to focus on the technology, and not on the people who will implement the technology, says CQS.
Prioritising IT complianceJohn Giles
1 Feb 2013 – Adopting a risk-based approach to IT compliance can help enterprises tackle the issue more easily, says Michalsons Attorneys.
IT governance 'not GRC'Mike Jarvis
24 Jan 2013 – To ensure effective IT governance, IT has to be considered as part of the greater enterprise-wide governance picture, says Oversight Solutions.
COBIT vision nears realisationGary Hardy
22 Jan 2013 – Enterprises are seeing the business benefits of IT governance, rather than viewing it as a ‘grudge initiative’ driven by IT, says Deloitte.
Social Media: A future GRC toolRakesh Beekum
4 Dec 2012 – Social media is not just for the marketing department; it could play an important role in risk management, says WebTechLaw.
IT-business connect improves IT governanceRakesh Beekum
20 Nov 2012 – Organisations require effective communication between business and IT, says an IT governance specialist.
SA lacks in IT governanceMike Jarvis
11 Oct 2012 – South African companies lag when it comes to IT governance and see the practice as a cost imposition, which is the wrong approach.


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