Threat Management - Keeping one step ahead on new threats

David Carrick, CEO of Memex For many global and multi-national organisations, this year represents an ideal opportunity to examine and improve threat management strategies. Year on year, threats in the areas of terrorism, organised crime and commercial crime are becoming increasingly sophisticated and complex and are spiralling in scale.

For decades, heads of risk, heads of fraud and information intelligence chiefs within global and multi-national organisations have been well-versed in the basics: How to respond to and protect their organisations from terrorism, organised crime, and fraud. However, the current economic downturn, predicted to continue for the next three years, is proving to be a fertile breeding ground for these types of threats. Existing threat management strategies may require more than a simple “spring clean” and a rigorously up-to-date approach may be required. While it can certainly be argued that 2009 holds some potentially daunting prospects, I strongly believe that, armed with the right threat management software solution, organisations, business and law enforcement can remain one step ahead of the criminals. In this article I will examine the threats and talk about how the right software can help tackle the issues.