Fraud affects every aspect of our lives; it drives up the cost of goods and services, wastes tax dollars, stifles innovation, and even takes lives. Newer technology has been developed to detect fraud, expose new scams, and break down ever-more sophisticated organised fraud rings. This goes beyond simple analytics and makes use of predictive and adaptive analytics methods, as well as machine learning, a branch of artificial intelligence. Fraud prevention has developed to begin stemming the flood of loss by merging large data sources with real-time monitoring and risk profile analysis to score on fraud risk. The latest news, articles and blogs on cyber security, business intelligence, risk management, fraud prevention and anti-fraud solutions.
As a business owner, it’s essential to keep up with the latest cyber threats and take steps to protect your business from them. One of the most dangerous and damaging threats that businesses may face is a DDoS or distributed…
In the aftermath of digital disasters, businesses need to act fast. A cyber attack or data breach could cost your business dearly – in reputation as well as money. Even if you have cyber security measures in place, there’s no…
According to the Sophos State of Ransomware 2022 Report, 60% of organisations were hit with ransomware last year. With attacks becoming more numerous and sophisticated, and ransom payments increasing, the cybersecurity world is having to scramble to protect sensitive information…
The cyber threat landscape in Australia continues to be a challenge for businesses, with more frequent and serious ransomware attacks and data security breaches. The rise in remote work arrangements over the last two years has created the perfect environment…
ERP systems are used by organisations to manage their accounting, project management, risk management, compliance, supply chain, and procurement activities. ERP solutions also include enterprise performance management software that helps to plan, forecast, budget and report on financial performance. An…
As today’s business world becomes increasingly reliant on digital technology and the internet, data security and protection are becoming even more important. If data are not sufficiently protected within a network, there is a higher likelihood of data corruption or…
The last few years have seen an alarming increase in cyber-attacks on businesses. With the shift to remote and now hybrid work environments, more organisations than ever before are vulnerable to security breaches. Data security is paramount to ensuring your…