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  • Page 10

Risk appetite vs. risk blindness: Striking the right balance

  • Posted by Mr Strategy
  • Date August 20, 2025

On 4th September 2023, leaders at the agribusiness cooperative approved a UGX 280 million loan to a long-standing distribution partner. The justification was simple: the partner had been with them for 11 years, always paid on time, and was “part …

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Cyber risk is business risk: Time to treat it that way

  • Posted by Mr Strategy
  • Date August 20, 2025

At 10:42 a.m. on Thursday, 18th January 2024, the operations manager of a large regional logistics company opened an email that appeared to come from their insurance partner. The subject line read: “Renewal Quotation for 2024 Coverage – Urgent Action …

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Third-party risks: Your weakest link could be your supplier

  • Posted by Mr Strategy
  • Date August 20, 2025

On a Tuesday morning in March 2024, a procurement officer at a mid-sized local manufacturing company approved what looked like a routine payment to a long-time supplier of spare parts. The supplier had been with the company for over 12 …

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Cyber Defense in the Age of AI: Are You Prepared?

  • Posted by Mr Strategy
  • Date August 13, 2025

“The attackers are not coming. They are already inside, and they are faster than you.” In March 2025, a mid-sized SACCO in central Uganda noticed something odd. An internal report had been edited at 2:13 AM by someone who was …

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From target to defense: Tackling data breaches in institutions

  • Posted by Mr Strategy
  • Date August 13, 2025

During one of our board-level presentations in August 2024, a financial institution’s Director asked, “You are the experts. How do the attackers identify their targets and exploit them?” The truth is that cybercriminals are highly organized. They take time to …

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Dealing with data breaches

  • Posted by Mr Strategy
  • Date August 13, 2025

Data breaches are increasingly damaging businesses globally, with significant consequences for financial institutions and telecom companies. A notable example is the October 2020 cyberattack, where hackers exploited 2,000 mobile SIM cards to breach the mobile payment system. This attack targeted …

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User Access concerns to systems security: Why authentication process needs a keen eye?

  • Posted by Mr Strategy
  • Date August 10, 2025

In today’s complex environment, employees have access to corporate networks and are authenticated to corporate systems, as well as servers, and devices. It is dire if a malicious attacker gets the same access either through brute force or by taking …

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Endpoint Security Risks: Organizations should Revise their Risk Management Strategies

  • Posted by Mr Strategy
  • Date August 10, 2025

While technology has driven the digital agenda and led to greater innovation, growth, and efficiency; it also opens the road to potential security breaches and other types of cyber-attacks. As your company hires more and more employees, the number of …

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Risk is inevitable. Are you managing it or reacting to it?

  • Posted by Mr Strategy
  • Date August 6, 2025

What is a black swan? Some events have never happened before. No model can anticipate them. These are modern-day black swans. They pose high risks. Today, risk is not a possibility; it is a certainty. From economic shocks and cybersecurity …

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A growing cyber threat landscape of East Africa-part 1

  • Posted by Mr Strategy
  • Date August 6, 2025

As East Africa rapidly embraces digital transformation, the region is increasingly becoming a target for sophisticated cybercriminal networks. In particular, Uganda, Kenya, Tanzania, and Rwanda face growing cyber threats as businesses, government agencies, and service providers expand their digital footprints. …

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