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View Full Version : Fraud costs Asia $1 billion a year-Progress Software - BusinessLIVE



FraudNews
03-27-2012, 10:35 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHEnaJIKLpSBGYKFp5A0i DZuynjwQamp;url=http://www.businesslive.co.za/world/int_generalnews/2012/03/27/fraud-costs-asia-1-billion-a-year-progress-softwareimg src=//nt1.ggpht.com/news/tbn/LWPoGPDLBmYzVM/0.jpg alt= border=1 width=80 height=52 /br /font size=-2BusinessLIVE/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHEnaJIKLpSBGYKFp5A0i DZuynjwQamp;url=http://www.businesslive.co.za/world/int_generalnews/2012/03/27/fraud-costs-asia-1-billion-a-year-progress-softwarebbFraud/b costs Asia $1 billion a year-Progress Software/b/abr /font size=-1bfont color=#6f6f6fBusinessLIVE/font/b/fontbr /font size=-1Many banks still do not have enough teeth to tackle bfraud/b, which costs Asia around $1 billion a year, but social media could be a game changer due to the reputational risk, said a top official from business software firm Progress Software Corp./fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=djdKYlHjnkvX_1Mnobrb/b/nobr/a/font/div/font/td/tr/table

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