ChaseWaterford’s SIM and Scratch Card audits – making their mark with Operators!

April 20, 2005 (PRLEAP.COM) Business News
The potential for fraud surrounding Telco products is an ongoing concern that many operators take very seriously says Max Kennett, a director at ChaseWaterford. These risks together with the growing competitiveness in the manufacturing industry has, in certain circumstances, meant that security measures applied by manufacturers do not adequately protect products such as SIM and Scratch Cards. In many circumstances there is a genuine misunderstanding of the risks to Telco products particularly to PIN files and as a consequence, the measures applied to protect them are inadequate.

Operators need to ensure the integrity of products at all stages of its life cycle and our audits provide them with a comprehensive report that clearly documents a manufacturer’s ability to secure both data and product throughout the manufacturing process. The quality of our audit services for both SIM and Scratch Card products has been highly praised by operators around the world and we have seen a significant increase in the number of audit requests from different regions.

The success of these audits has been very encouraging and the company is using a similar audit profile to develop standards for other industries. We have successfully applied our audit methodology to a number of other industries with similar success, notably in manufacturing and mining.

About ChaseWaterford

ChaseWaterford is a leading independent supplier of risk management services. We help our clients clarify their vision and give strategic and operational support in assisting organisations realise financial benefits from the application and management of effective fraud and security strategies.

Key to our success is our unique ability to integrate our knowledge, capabilities, and global industry experience to identify business vulnerabilities and provide practical cost effective solutions. Providing counsel to, and working alongside senior executives and management we bring significant benefits to businesses.

Our services are geared towards delivering high quality, value for money results to our clients. We achieve these results through our:

•Customer focus - we understand the needs of our customers and the business vulnerabilities they face in their respective sectors.

•Capability - we deliver focused and specialist capabilities in fraud and security management.

•Consultants -The focused selection and ongoing development of our highly skilled core resource team.

•Culture – Our continued independence that offers the flexibility and reliability of a true partner.

For more information on this release or services please contact vquinn@chasewaterford.com

http://www.chasewaterford.com