Understanding risk appetite
Part one in a three part series by Dr David Hillson and Ian Huntly, CEO of Rifle-Shot Performance Holdings. One of the most important decisions for any business, project or individual is how much risk to take, given the maxim that low risk almost inevitably means...
PCI-DSS compliance: now for everyone
With fraud and cybercrime proliferating, PCI-DSS compliance is an issue businesses of every size need to address, says Perry Hutton, regional director for Africa at Fortinet. The Payment Card Industry Data Security Standard (PCI-DSS) has been in place for some time,...
Unsecured cloud environments harm business
As virtualised and cloud infrastructure are changing the face of today’s data centres so too are they changing the way in which users need to approach the security of IT infrastructures. According to Gregory Anderson, South African country manager at Trend Micro,...
IT is a valuable asset for businesses
Information technology (IT) is one of the most valuable, yet often least understood assets in a business. It takes an insightful enterprise to recognise the benefits of information technology and use it to drive stakeholder value. Moreover, successfully managing...
Combat fraud with biometric verification
Amid increasing levels of identity fraud, cybercrime and espionage, businesses are looking to technology to protect resources and help them forge a tighter relationship with their customers. Management at Ideco, an established leader in the application of biometric...
Secure information is good governance
In an increasingly regulated world, all companies today have to take a long hard look at the way information resides within their organisations, who has access to it, and more importantly, whether it leaves them open to operational and security risks. These concerns...
Payment gateways and the Web developer
More and more businesses are moving at least some of their sales online – which means more and more Web developers need to become familiar with the online payments process, says Peter Harvey of PayGate. “If you’re building an e-commerce site for a client, they will...
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...