SMEs are at debit order risk
Small and medium sized businesses need to ensure that they comply with all Payment Association of South Africa (PASA) rules for transaction processing, especially if they are to mitigate the risks associated with debit order fraud, together with related disputes,...
A new era of big data risk management
Increasingly stringent regulatory environments are driving a stronger focus on identifying, measuring, and managing risk exposure. Managing vast amounts of data is a crucial component in the accurate assessment of risk, and is one of the top reasons why big data risk...
Protecting the corporate network
As the World Wide Web evolves and company networks become bigger and better, network security has become crucial to protecting the businesses most valuable intellectual property and data. “By improving network security, companies can lower the risk of many different...
Experian SA offers fraud prevention solution
Experian SA has launched the National Fraud Prevention Solution to address the significant threat of identity and credit application fraud in South Africa. And SA’s largest mobile company, Vodacom, is the first to join the National Fraud Prevention Solution. South...
Fraud awareness in education vital
Fraud knowledge is essential in combatting wasteful expenditure in the education sector, which, according to a 2013 report by Corruption Watch, a civil society watchdog, accounts for as much as R3,3-billion of R30-billion of wasteful expenditure lost annually by the...
Fraud risk increases as e-commerce grows
Shopping in person is fast becoming an alien concept for today’s time-pushed, convenience-hungry consumer, says Martin Walshaw, senior engineer at F5 Networks. The latest forecasts by eMarketer claim that worldwide business-to-consumer (B2C) e-commerce sales will...
Electronic signature solutions reduce costs
Completing important documents and contracts using the traditional "wet ink" signature method has become out-dated in today’s digital, fast-paced electronic world, writes Avi Rose, CoSign by ARX country manager: South Africa. Collecting signatures typically ends up as...
E-mail archiving is critical
In a fast moving and rapidly evolving business environment, which is undergoing a transformative shift to digital communications – it is increasingly important for businesses to protect themselves against legal, financial, and reputational risks, says Yossi Hasson,...
Protect your bottom line and your reputation
In today’s highly regulated financial services industry, compliance with privacy and security regulations is crucial to risk avoidance. Monitoring customers’ transactions continuously, and using their historical data to paint a complete picture of activity, is one way...
Inoxico, SCNet announce partnership
Risk solution specialist Inoxico has signed an exclusive supplier data verification agreement with Supply Chain Network (SCNet). The partnership puts Inoxico’s data cleansing and verification services firmly in the SCNet engine room, driving the vetting and scoring of...
Use analytics to make informed decisions
In today’s business world, a continuous flow of information is filtered every minute from operational and transactional systems, scanning and facilities management systems, inbound and outbound customer contact points, and from mobile media and the Web, says Volker...
Publishing trusted code on the Internet
One of the bigger concerns in the software industry is how to ensure users can trust code that is published on the Internet. Browsers typically display a warning message explaining the possible dangers of downloading data, but do nothing in terms of verifying that the...