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Add You - Can Risk Management Prevent Phishing?
Have you ever asked yourself why a competitor’s business gets more attention than yours? The answer just may have to do with the elements that go into how memorable the business is. And that has to do with branding.But exactly what is branding, anyway? Think of branding as predefining what a company is
Madhabhi Puri Buch, senior
10. If you have employees, you need a point of sale system.If you have employees you are open to theft, sweet-hearting and careless mistakes. You need a point of sale system to manage your employees, enforce your policies and insure that your money gets to you.Of all distressing situations that
The perpetrators had completely replicated ICICI Bank's net banking website hoping to get account holders to reveal their access information. It was an alert customer that brought the fraud to the bank’s notice. To its credit, ICICI acted quickly and minimised the damage.
One of the reasons the bank could contain the damage early was that it had a robust Risk Containment unit, which went into overdrive. The fraud was identified quickly, the damage control was swift and the perpetrators were nabbed within a few days.
Fraud is not restricted to the banking, finance or retail industry. Every organization is susceptible. This time ICICI bank was the victim, but tomorrow any organization could be the target.
Madhabhi Puri Buch, senior
"Business opportunities are like buses, there's always another one coming." - Richard Branson, founder of Virgin EnterprisesIf business opportunities are like bus, then be sure that there will be many who will want to board the buses. They will also face the eternal question ‘What next’? The next step
The perpetrators had completely replicated ICICI Bank's net banking website hoping to get account holders to reveal their access information. It was an alert customer that brought the fraud to the bank’s notice. To its credit, ICICI acted quickly and minimised the damage.
One of the reasons the bank could contain the damage early was that it had a robust Risk Containment unit, which went into overdrive. The fraud was identified quickly, the damage control was swift and the perpetrators were nabbed within a few days.
Fraud is not restricted to the banking, finance or retail industry. Every organization is susceptible. This time ICICI bank was the victim, but tomorrow any organization could be the target.
Madhabhi Puri Buch, senior
Welding is much more than taking two joints and soldering them together. It's a precise trade that requires proper training and education to perform safely and accurately. There's nothing "simple" about welding and, in fact, it can be quite a dangerous undertaking. Considering this, welding safety, including
One of the reasons the bank could contain the damage early was that it had a robust Risk Containment unit, which went into overdrive. The fraud was identified quickly, the damage control was swift and the perpetrators were nabbed within a few days.
Fraud is not restricted to the banking, finance or retail industry. Every organization is susceptible. This time ICICI bank was the victim, but tomorrow any organization could be the target.
Madhabhi Puri Buch, senior
Besides the dynamics associated with search engine optimization, search engine marketing, pay-per-click, cost-per-click, backlinks, blogs, meta tags, and a website backend whose design is accommodating to search engine crawls, one of the most important aspects of creating an online business is distinguishing
Fraud is not restricted to the banking, finance or retail industry. Every organization is susceptible. This time ICICI bank was the victim, but tomorrow any organization could be the target.
Madhabhi Puri Buch, senior
Martin Luther King, Jr. said, "I have a dream," and what followed was a vision that changed a nation. That famous speech is an excellent example of the power generated by a compelling vision of the future. A vision clarifies purpose, gives direction, and empowers us to perform beyond our resources.
Madhabhi Puri Buch, senior general manager, ICICI Bank, noted that private banks in India have implemented processes to combat such crimes. While it is true that most organizations have implemented some measures in part, clearly defined Risk Mitigation Policies in the Indian business scenario are still a minority.
Risk can enter an organisation through only two doorways: people and processes. Organizations are realizing the value of pre-employment screening, vendor reference checks and internal audits as effective risk management tools. The question is, is that good enough?
With increasing sophistication in internal and external fraud, organisations must transcend their comfort zones and rely more on prevention than on post mortems.
A comprehensive risk management policy would encompass various
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