The increasing uptake of virtual working and service delivery has created opportunities and challenges for all. For the cybercriminals, more doors and attack vectors have been opened. At Summit Consulting Ltd and the Institute of Forensics & ICT Security, we shall be highlighting some of the common cybercrime cases to watch out for. Due to client confidentiality, we shall use pseudo names and make references to international cases, where possible. In the following cybercrime series, we shall highlight actual cases with real victims. In this first case, we highlight how cybercriminals steal intellectual property and monetize it. According to the…
Revisit your business model from software to ecosystem
“… I am tired of this institution. I am moving on. I do not care how many years I have been here. They are no different from money lenders. I want a financial institution that will be a business partner and make my life easier… grow my wealth”. The banking industry is under pressure: Today’s customers want more! Every bank must re-invent and offer more bespoke value-adding solutions. As a financial institution leader, you have a choice — let your customers switch to a competitor OR transform your offerings by giving customized value-adding services that customers adore using an ecosystem…
