Mr Strategy’s Memo on fraud risk Have you ever been accused of a crime you never committed? Imagine waking up to a letter demanding that you refund $590,000 from transactions that happened over a decade ago, which you believed were …
There’s a pervasive myth in boardrooms and IT departments alike: that with enough investment, training, and fancy software, a company can be 100% secure. The brutal truth is simple every system is hackable. No matter how many checkboxes you tick …
Every fraud starts as a ‘necessary adjustment.’ Then it becomes a habit. Then it becomes the business model. Carter’s, a beloved name in children’s apparel, wasn’t supposed to be in the fraud spotlight. No serious company loves their brand with …
Every company has its secrets. Undue enrichment is usually part of them. Stories about a top honcho who stole large sums of money through his underhand schemes are always told in the corridors. These honchos move with their heads high …
In an era where financial transactions are becoming increasingly complex and digital, fraud has evolved into one of the most dangerous and costly threats to businesses, governments, and individuals worldwide. As fraudsters grow more sophisticated, the need for professionals with …
Umoja SACCO, a mid-sized financial cooperative with 15,000 members, faced growing cybersecurity threats as it digitized its services. It needed a Security Operations Center (SOC) but didn’t have the budget to hire a full-time security team or invest in high-end …
Dear Executive Team, Cybersecurity doesn’t have to mean writing a blank check. The conventional wisdom screams for bloated Security Operations Centers (SOCs) brimming with overpriced analysts and tools. Let’s dismantle that myth. You can establish a lean, efficient SOC that …
Human error has been highlighted as a major contributing element to cybersecurity vulnerabilities for years. It is a long-standing concern in cybersecurity breaches, thus requiring all enterprises to remain watchful and train their personnel on how to alleviate this risk. …