OUR CONTEXT

OUR BUSINESS

Top Strategic Risks

Low

Moderate

High

Extreme

Risk is increasing

Risk is reducing

Risk is stable

New risk

9. Non-compliance with legislation, regulation, Acts relevant to the business of SAICA and its controlled entities

Continued compliance by SAICA as a mechanism to maintain and enhance its credibility

Constant monitoring of areas of potential non-compliance
Documenting and implementing action plans
Ongoing reporting to the relevant regulatory institutions as required by related legislation
Implementation of the compliance programme

10. Unable to serve SAICA members and stakeholders resulting in the SAICA Group ceasing to exist (financial resources)

Increased understanding of members’ and stakeholders’ expectations

11. Risk of data breaches and cybercrime leading to downtime

Enhance security through real-time monitoring of and responding to attempted breaches

Threat and vulnerability assessments
Ongoing monitoring of attempted breaches to enhance security
Ensure up-to-date upgrades and maintenance of SAICA’s defence, recovery, and business continuity systems