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Analytics mitigates financial crimes

by Allan Davison | May 6, 2014 | Risk Management, Technology Areas

Last week, the Reserve Bank slapped South Africa’s big four banks with heavy penalties for not implementing regulations to control money laundering and combat the financing of terrorism. To be clear, the banks were not accused of facilitating transactions involving...

E-mails can expose confidential data

by Allan Davison | Apr 17, 2014 | Risk Management, Technology Areas

Surveys show that companies are becoming increasingly concerned about data loss and exposure of confidential information through e-mail. And, rightly so. Research indicates that at least 22% of companies have experienced an accidental or malicious leak of sensitive or...

Banks can reduce fraud with LBS

by Allan Davison | Apr 15, 2014 | Risk Management, Technology Areas

Location based services (LBS) could offer South African banks opportunities to significantly reduce fraudulent credit card transactions, saving them millions of rands a year and helping them to increase customer loyalty. That’s according to ‎Quentin Joubert, head of...

Managing risk under IP licences

by Allan Davison | Apr 14, 2014 | Risk Management, Technology Areas

A lot is written about structuring robust intellectual property licensing programmes, whether from the perspective of licensors or licensees of intellectual property rights. This requires a careful consideration of legal, tax and regulatory issues that impact on the...

Proactive surveillance curbs heists

by Allan Davison | Apr 4, 2014 | Risk Management, Technology Areas

Of the many aspects of cash handling, cash-in-transit has typically been the most difficult to secure. Transportation of luxury goods and cash have always been targets for crime syndicates, and while the frequency of cash-in-transit heists may have reduced in recent...

Avoid the insider threat of data disclosure

by Allan Davison | Mar 27, 2014 | Risk Management, Technology Areas

The inadvertent disclosure of sensitive data can happen in a flash. Whether it is an employee posting to a micro-blogging site, or carrying documents containing confidential information in plain sight of anyone who walks past, these disclosures can be devastating to...
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