AI Regulations: Balancing Innovation and Compliance Introduction “AI will probably be smarter than any single human next year. By 2029, AI is probably smarter than all humans combined.” The sentiment on the sublimity of AI technologies as speculated by Elon Musk in March 2024 is echoed by Jensen Huang, the CEO of Nvidia, when he […]
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ISO/IEC 27000 family of standards is the framework that sets the guidelines and best practices for systematically managing information security. In this blog, we shall specifically look at ISO 27001 and ISO 27701 and how the measures required to obtain these certifications help companies enhance the defences of their information systems—both digital and physical.
ISO 27001 & 27701 Certifications: Understanding Their Benefits Read More »
Confirmation bias, overconfidence, evading responsibility, and absolute certainty in the face of insufficient evidence—factors that contribute to the failure of business strategies. The Strategy Institute defines a business strategy as “a master plan that outlines the direction the organisation intends to take, the actions it will undertake, and the resources it will allocate to attain certain competitive advantages and drive sustainable growth.” Despite the clarity and intention behind such strategic planning, real-world outcomes often fall short of expectations.
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Interpreting the natural world through numbers, nowadays known as data analytics, is as old as human civilisation. Ancient Egyptians meticulously analysed the Nile River’s seasonal flooding to establish one of the greatest ancient civilisations based on agriculture. The Food and Agriculture Organisation of the United Nations states, “Egyptians are credited as being one of the first groups of people to practise agriculture on a large scale,” which was facilitated by data-driven planning. At that point, data-driven actions entailed observing patterns in the natural world and implementing necessary steps to reap the benefits – precisely what data analytics aims to achieve. Using technology isn’t vastly different in scope; it’s just on a different scale.
Transformative Data Analytics: Shaping the Future of Businesses Read More »
The need for a sustainable supply chain has become a pressing need rather than an option. Not only can this shift help towards a sustainable world, it can have a positive financial impact on businesses as well.
The Positive Financial Impact of a Sustainable Supply Chain Read More »
You may have heard of the term ‘phishing’ at least once. You may even recall receiving an email that seemed ‘phishy’. Phishing emails stand out as a common and insidious danger in a world that becoming ever more digital. In this blog post we’ve created a guide to understanding what phishing emails are and equip you with the knowledge to recognise them. Delve into the types of phishing attacks, learn how to spot them, and discover essential defence strategies to safeguard yourself and your organisation.
What is a Phishing Email? 5 Signs to Look for When Spotting One Read More »
Zero-day ransomware pose a formidable threat to businesses worldwide and in an age where almost everything has gone digital, the idea that your business might be a victim of one such attack, delivers a heightened dose of terror. While organisations have been implementing various AI risk mitigation strategies, zero-day ransomware and how AI can play a role in defending against them deserves a closer look.
Zero-Day Ransomware and AI Defence Tools Read More »
Money laundering is a pervasive issue that threatens the integrity of the global financial system. While complex money laundering usually has 3 stages (Placement, Layering, and Integration), in this blog, our focus will be on the initial stage – Placement in money laundering. As we explore the techniques employed by criminals in this phase, we also shed light on the alarming statistics of money laundering worldwide and the local repercussions faced by businesses. Additionally, we emphasise the critical role of compliance officers, in combating this financial crime.
What is Placement in Money Laundering? Read More »
In recent times, the business landscape in the UAE has undergone a transformative shift with the implementation of corporate tax challenging its traditional status as a tax haven. In this blog post, we’ll delve into the anticipated implications before the corporate tax laws were announced, the current state of foreign investments, and strategic approaches for mitigating potential impacts.
The Impact of Corporate Tax on Foreign Investment in the UAE Read More »
In the age of heightened environmental awareness, businesses are being pressured increasingly by multiple stakeholders in the economy to adopt sustainability across their operations. In order to successfully implement a sustainable supply chain, businesses must set clear sustainability goals, employ the latest and most innovative technology into operations, setup a skilled and efficient compliance function, involve employees in sustainability initiatives, and most importantly, should have sustainability as a key criteria while selecting and engaging with suppliers and business partners.
The Crucial Role of Sustainable Supplier Collaboration and Selection Read More »
