Private Sector Organizations

Security issues and threat management

Heads of Risk, Heads of Fraud and Information Security Chiefs within global and multi-national organizations have always had to respond, to and protect the organization from threats e.g. robbery and fraud.

Managing risk is now more complex

The scale, type and complexity of threats have, evolved significantly in recent years. Security issues such as threat management, online fraud prevention and brand protection are now ongoing boardroom discussions.

Globalization and the internet – friend or foe?

Information security chiefs are working hard to defend their hard won brands, revenues, customer trust and corporate reputations from:

• Phishing
• Pharming
• Hacking
• Cyber- squatting
• Claimed relationships
• Intrusion incidents and click fraud

And more serious threats include:

Counterfeiters, parallel traders and anti-corporate extremists coordinating smear campaigns, product boycotts, staff intimidation and service disruption, on a global scale
“Grey markets” which move rapidly from country to country, threatening to erode revenues, contaminate supply chains and dilute brands
Organized gangs taking their criminal activity on-line

It is no longer enough for organizations to be reactive. Faced with such threats, organizations are realizing the need to take a proactive stance and predict and prevent threats before they occur. Memex solutions allows them to do exactly that.