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SECURITY RISK MANAGEMENT
industry, etc. How do you view that co-operation across
credit cards to the Columbians to do stuff online with.
what would otherwise be competitive industries, such as
That global nature of business also means that there is
banking?
a global aspect to crime, too?
CM: I think certainly in Australia, the [Federal Attorney
CM: Yes, especially on Internet fraud, on e-crime, etc.
General’s] Trusted Information Sharing Network [TISN] has
Often our investigators are talking to four or five different
come a long way to migrate organisations together.There are
countries across the globe, and they’re tracking money
some other like bodies, I guess, that deal with financial
instantly, because if they don’t, then it disappears very fast.
institutions only. And, I think there are no boundaries within
Certainly the global criminal can be anywhere, especially in
security as far as financial organisations. I think that although
regards to computer security and Internet crime and fraud.
we may be competitors, certainly on the security side that doesn’t come into the question, because we’re all … well, it’s
SI: A lot of the people with in-house security managers or
the same criminals, it’s the same people who will move from
in-house security departments are of course now looking
one target, from one bank to the next, from one set of ATMs,
at outsourcing a lot of that work. How far can you go with
from one brand and one branch to the next. So we certainly
that outsourcing?
share and there are no inhibitors from a competition point of view whatsoever.
CM: I think you need to look very much at your levels of risk, because every industry or business will be different. Certainly some things can be outsourced, but I think your
SI: I don’t think that a lot of people necessarily realise
core competencies – your core business, your core risks –
that quite often you’re not just dealing with local
should be kept in-house, because you have that internal
criminals, there can be international gangs involved. I
corporate knowledge, you have a history there. I think to
was talking to some police intelligence people last
outsource those critical risks within an organisation would
week who were saying that some Eastern European bag
be a risk in themselves.
thieves had hooked up with some Columbian credit card fraud thieves. And they had organised themselves so
SI: Craig, thank you for your time.
that they steal the bags, they take the cash and give the
CM: Thank you
*Rod Cowan is an independent contributing editor and can be contacted at mail@rodcowan.net.
34 //SECURITY INSIDER JUN/JUL 2010