Imagine a watchdog that never sleeps but prowls the perimeter of your property every single second of the day and night and barks the instant an intruder tries to enter. There is one, of a special technological kind that will get your company IT system to warn you when intruders enter your dataspace.
The fight against fraud in South African companies now has a powerful new weapon with the entry into the South African market of a revolutionary audit and security system for relational databases by leading database solution providers, Sybase. The NGA security product for relational databases operates on real time, keeping a watch on corporate financial activity every second of the day.
"This is a new dimension in the battle against white collar crime," says Sybase MD Alan Cowley. "The system works on real time, sending out an alarm signal when an irregularity is detected."
Fraud can remain buried for months and is often only picked up in major audits, such as year-end accounts. By then it's often too late and the trail is cold.
According to the Police Commercial Branch a total of 59 515 cases involving R4.6billion were reported involving Fraud. The figure mentioned represents the fraud reported during 1998. According to Eckhard Volker of Volker Wattrus & De Wit (Pty) LTD, and Dennis Germishuys of NGA. This figure only represents the tip of the iceberg as only a small percentage is actually uncovered and reported to the SAPS. The focus must therefore shift to preventing measures and Braintree Password Manager will most certainly reduce fraud by aiding its early discovery.
The NGA system brings mainframe security to Sybase in real-time providing tools to safeguard the password and data security management.
The relationship database is most frequently targeted by fraudsters, creating a challenge for companies to maintain consistent security within established security policies.
NGA has formed a partnership with Brain Tree Security Software to provide Brain Tree SQL Secure products specifically designed to secure Sybase relational databases.
Paper-based investigations that would consume two to three months can be carried out by electronic investigation in as little as 48 hours.
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