Latest news and updates

Recent news and information about TRMG and our partners or clients is posted here regularly.

14 February, 2012

New Risk Book Launched


Mark Johnson, Chairman and Founder of The Risk Management Group, has just released a new book, Demystifying Communications Risk, which is being published by Gower Publishing.  The book addresses the topics of fraud, revenue assurance, cyber security and money laundering in the communications sector.  For more details, please visit the Gower website.  

 

Existing TRMG customers should contact us before ordering to receive a special 35% discount code.

03 January, 2012

TRMG's Fraud and Revenue Assurance Guide updated


The Risk Management Group has released version 4.1 of its popular Fraud and Revenue Assurance Guide.  Originally released as a distance learning package, the Guide now serves as an operational reference guide, as well as a powerful learning tool.

 

Running to over 200 pages, with 50,000 words and more than 50 illustrations, the Guide provides easy to understand descriptions of a vast range of fraud and revenue leakage cases, as well as controls and management approaches to fraud and leakage control.

 

Work is now underway on Version 5.0 which will address the network infrastructure in more detail, as well as adding a section on conducting investigations and even more material of revenue assurance cases and controls based on recent projects.

13 October 2011

TRMG selected by The International Compliance Association (ICA)

TRMG have been selected as participating trainers by The International Compliance Association to deliver financial fraud awareness training within the financial services sector.

08 October 2011

Malware Attacks via Social Media are on the Rise

An international survey conducted by Websense claims that a significant increase in Malware attacks is being driven by rising social media usage.

 

Some key findings of the report are that:

  • The rapid spread of social media may have caught many organizations off guard. 63 percent agree that employee use of social media puts their organizations’ security at risk. In contrast, only 29 percent say that they have the necessary security controls — such as secure web gateways — in place to mitigate or reduce the risk posed by social media. 
  • Malware attacks have increased because of social media usage, and it’s growing. 52 percent of organizations experienced an increase in malware attacks as a direct result of employee use of social media, and 27 percent say that these attacks recently increased more than 51 percent. 
  • The United States, United Kingdom, Brazil, Germany, and Singapore report the highest increases.
  • Even if they have a policy that addresses the acceptable use of social media in the workplace, 65 percent say that their organizations do not enforce it or they are unsure.
  • The top three reasons for not enforcing these policies are: lack of governance and oversight (44 percent); other security issues are a priority (43 percent); and insufficient resources to monitor policy compliance (41 percent). 
  • Organizations believe that IT bandwidth has been diminished as a result of social media use. The top two negative consequences of an increase in social media use were diminished productivity (89 percent) and reduced IT bandwidth (77 percent), which increase costs. 
  • Just under half (47 percent) believe exposure to inappropriate content is another negative consequence. 
  • 60 percent of employees use social media for at least 30 minutes per day for personal reasons. 
  • The United States, United Kingdom, France, Italy and Mexico have the highest use of social media for non-business reasons. 
  • Organizations in Germany have the highest use of social media for business purposes. 
  • Regional variations are often compounded by higher local bandwidth costs, which shifts the priority of this concern throughout the globe. 
  • Countries most likely to see social media as important to meeting business objectives are the United Kingdom, Germany, Hong Kong, India, and Mexico. 
  • The countries with organizations that are less likely to see the importance of social media are: Australia, Brazil, and Italy. 
  • Countries most likely to see social media as a serious threat to their organizations are Canada, Hong Kong, and Mexico. 
  • Countries least likely to see social media as a threat are France and Italy. 
  • Organizations in Germany have the most confidence in their ability to address the social media threats.

22 September 2011

The Security Company Posts UBS Comments

The Security Company has posted comments and guidance arising out of the recent case of the alledged rogue trader at UBS, London.

09 September 2011

Social Monitoring Plan Available

TRMG's ten point plan for controlling social media risks has been published in the Training Zone.

08 September 2011

Fraud Intelligence Publishes TRMG Article

The prestigious Fraud Intelligence magazine has published an article by TRMG founder and chairman, Mark Johnson, describing risks erising from the convergence of the Cloud, WiFi and Mobility.

 

You can subscribe to the magazine here.

25 August 2011

Leading Fraud & RA Vendor Selects TRMG Package

A leading player in the communications fraud and revenue assurance arena has become the latest firm to select TRMG's Fraud & RA Distance Learning pack.  The package will be used to train vendor staff and to assist their implementation teams during customer delivery projects.

20 May 2011

MTN Nigeria Selects TRMG Distance Learning Pack

MTNN has become the second major telecom operator to adopt TRMG's Distance Learning package for the in-house training of its fraud and revenue assurance staff.

26 March 2011

TRMG Appointed as Associate Lecturers

TRMG Chairman Mark Johnson has been appointed as an Associate Lecturer in the City of London Police Economic Crime Directorate's Centre of Excellence.  Mark will specilise in social media and unregulated ePayment risks, delivering classes within the ongoing Internet Investigations course.

 

The course has been keenly taken up by both private and public sector firms.  For more information on the full course, please contact Katie Balls of the CoLP via email.