Banks step up efforts to mitigate risk

The financial services industry, particularly banks, has stepped up efforts in gearing up its intellectual capital base to manage risk and money-laundering activities, says Alison Thom, principal consultant at leading executive search and consulting group Mindcor....

Mitigating employee fraud

Research has shown in excess of 80% of serious frauds committed against an organisation are perpetrated by an employee, either alone or in collusion with other employees, says Deirdre Viljoen, forensics manager in the forensics department at Edward Nathan Sonnenbergs....

No blanket approach to risk management

In an era of increasing risks and the challenges of increasing regulation and legislation and ongoing economic uncertainty, companies need a comprehensive risk management strategy that incorporates data governance. Companies need to combine strategic technology,...

Tight security prevents VoIP toll fraud

Among the last remaining arguments against the tidal wave of voice over IP (VoIP) is the claim that IP systems are susceptible to fraud, says Rob Lith, business development director at Connection Telecom. In reality, breaching VoIP security is a far more complex...

Proactive surveillance lowers theft risk

After a number of security incidents at its office park in Morningside, Sandton, a large international organisation that focuses primarily on engineering and construction market sectors, needed to deploy a remotely managed closed circuit television (CCTV) solution to...

Risk-based billing is the future

“Risk-based billing is set to change the image of the entire IT industry, and the software industry in particular.  “The IT giants of the future will be those who can deliver a product according to customer needs and are willing to bet their product delivers,...