FRAUD CONTROL TECHNOLOGY APPLICATIONS
With downsizing and general economic cutbacks, many companies can no longer afford to have staff dedicated to monitoring all areas of operation. Companies strive for perfection in their own product and too often ignore incoming functional quality of their own purchases.Streamlining and downsizing have become the corporate way of life.
LOST REVENUES
In the process of achieving their goals, many companies are losing money by ignoring a profit centre they don't know they have -- FRAUD CONTROL.Losses occur through fraudulent representation of official documents -- falsifying an identity card, altering a cheque, or illegally copying a restricted memo. Corporate paper is vulnerable. When criminals attack a series of documents, it is the owner who must pay the price -- not the holder of the document.
The loss can be minimized.
LOSS OF PUBLIC CONFIDENCE
Each misrepresentation of a document costs the company to which it belongs either large sums of money, diminished public image, or loss of corporate intelligence. Any of these can create a loss of public confidence in both the document and the company.Calesec & Associates can assist in reducing this loss.
Typically, an organisation buys materials from the lowest bidder. The lowest bidder may have had to cut corners itself to get the contract. What the purchaser ends up with is off-the-shelf solutions for the documents they have purchased -- low cost security results in low protection. Very few corporations or government agencies employ people who monitor the quality of purchased value documents.
Perpetrators of fraud are continually developing ingenious methods to take advantage of any situation, and issuers must be constantly aware of options available to them. Counterfeiters have the same technology at their disposal as does the company originating the document. It has been widely reported how easy it is to copy and 'up' a cheque with digital desktop equipment, often with the same equipment used by the document designers. Cards and currency are attacked in similar fashion.
It is a corporation's responsibility to be aware of the threats, and take necessary steps to ensure the safety of their secure documents.
Calesec & Associates can act as your eyes on the technology of the security industry. We monitor products and state-of-the-art developments and make recommendations to clients on how and when to upgrade their documents.