EDITOR ’ S NOTE
Welcome to the latest edition of Intelligent CIO
Africa . A recent survey from cybersecurity vendor Kaspersky , revealed that there
is a correlation between the way a data breach is disclosed and the total financial losses an organisation experiences following a cybersecurity incident . According to the report titled : ‘ How businesses can minimise the cost of a data breach ’, enterprises in the Middle East , Turkey and Africa ( META ) that decide to voluntarily inform their stakeholders and the public about a breach , on average , are likely to lose 38 % less than their peers that saw the incident leaked to the media . The same tendency has also been found to be the case in SMBs . Costs for enterprises that disclose a breach are estimated at US $ 983,000 in META region , while their peers that had an incident leaked to the media suffered US $ 1.579 million in damages . In this regard , we continue to cover articles in this edition of the magazine addressing the issues of security and in particular the evolution of network security management .
Gracing the cover of this all-new magazine design is Giovanni Chiarelli , Chief Technology and Information Officer at MTN South Africa , who tells us how the Johannesburg-based telco is driving several new initiatives and why the company remains the network of choice for its 30 million customers in South Africa . As the telco readies to rollout commercial 5G across South Africa , the company is continuing on the path of innovation as it pushes to be the network of choice for millions of customers in South Africa across residential , enterprise and wholesale segments . poor investment in rural areas . My job was to ensure that MTN South Africa becomes a network of choice to all South Africans and in order to do this , bold decisions needed to be taken ,” says Chiarelli . You can read more by turning to page 50 .
Elsewhere in the magazine , we look at First National Bank ( FNB ), which recently deployed Cisco Tetration platform to help the company provide detailed views both real-time and historical-of application connectivity , dependencies and data flows across a hybrid IT environment . You will find this article on page 42 .
Hardly a day goes by without one reading a great deal about a network or IT security breach and how regulatory frameworks around data are being tighten across the African continent . You can read more on the evolving network security market in Africa on page 46 .
As indicated earlier , in this new design , we have all your favourite features , opinion , insight pieces and analysis articles from across the continent . You can also read daily news updates on our website at www . intelligentcio . com / africa /.
And kindly , don ’ t forget if you would like to get in touch please email me at manda @ lynchpinmedia . co . uk . Once again , I would also like to wish you a great start to the New Year . We hope you like the new design for 2021 . Enjoy the read !
“ When I joined MTN South Africa at the end of 2016 , telecommunications operators were facing various challenges including the public outcry about the cost to communicate , unreliable network performance and
Manda Banda Editor
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