Strategies needed to counter cyber and other threats, says Manpower CEO
Jamaican businesses are being urged to devise strategies to counter cyber and other threats to their enterprises, to ensure the continued viability of their operations.
According to chairman and chief executive officer of Manpower & Maintenance Services Limited (MMS), Audrey Hinchcliffe, there are many types of untoward occurrences which pose threats to businesses as well as personal property, including pilfering, unacceptable behaviour, cyber interferences, scamming, violence, low productivity, among others.
Hinchcliffe was addressing a gathering of the company's clients and other business leaders at the 14th annual client's seminar titled: 'Loss Prevention and Safety, Cyber Security Threats and Vulnerabilities: What Businesses Unknowingly Overlook,' held at the Spanish Court Hotel in New Kingston.
"It is against this background that the theme was chosen. We have to work together to face these challenges in a rapidly changing world where businesses are coming face to face with negative elements reflective of a modern society," she said.
"Meanwhile, guest speaker and chief executive officer at GraceKennedy Financial Group, Grace Burnett said the possibility of cyber-attacks is among the risks that can prevent companies from achieving their strategic objectives.
"The more we use Information Technology, the more we need a risk management strategy. Other risks can also include natural disasters such as hurricanes and earthquakes as well as geopolitical risks, which can impact companies that expand their operations overseas," Burnett said.
She cited changes in policy brought about by recent occurrences like 'Brexit' and the change of administration in the United States of America that can affect Jamaican businesses. She cautioned that it was important for companies to "monitor the environment."
The seminar was also addressed by a number of other speakers including Manpower's loss prevention advisor Robert Finzi-Smith who spoke on loss prevention and safety; former director of occupational health and safety in the Ministry of Labour and Social Security, Robert Chung who addressed workplace safety.
To commemorate its 27th anniversary, MMS also launched Manpower& Maintenance Special Services Limited, with the aim of offering business and consumer solutions. In addition, the company recognised three organisations for being its loyal clients for over 20 years. These included The Tony Thwaites Wing, University of the West Indies hospital which MMS has serve since it was founded in 1990; the Spanish Town Hospital which has been a client for 24 years and Sagicor (formerly Life of Jamaica) for 23 years.