Mulyowa Joet

Mulyowa Joet Held highly visible roles with exposure to executive management.

Experienced Information Technology Professional with over Eight years’ indepth experience in Information Systems(ERP) project planning & Mgt, Data Integration API (FlexibleX, Salesforce, School Pay, FlexPay Pegasus etc., IT Service Management Experienced Information Technology Professional with over Seven years’ in-depth experience in Information Systems(ERP) project planning & implementation, Dat

a Integration API (FlexibleX, Salesforce, School Pay, Flex Pay Pegasus etc.), IT Service Management and Project Management, Network Administration, System Administration , conducting information systems security reviews and vulnerability assessment, implementation of high-value projects across different sites with in the country, Business Continuity Planning, Disaster Recovery Plan development, testing and review, compliance assessment, web development and training. Industry Experience with Education Industry, Telecom Industry, Construction Industry, Hospitality and Non-Profit organizations.

Forensic and Cyber-Security
12/10/2017

Forensic and Cyber-Security

18/06/2017

Cyber crime is a term that covers a broad scope of criminal activity using a computer. Some common examples of cyber crime; include identity theft, financial fraud, website defacement, and cyber bullying. At an organizational level, cyber crime may involve the hacking of customer databases and theft of intellectual property. Many users think they can protect themselves, their accounts, and their computers with anti-spyware and anti-virus software only. Cyber criminals are becoming more sophisticated and are targeting consumers as well as public and private organizations. Therefore, additional layers of defense are needed.

An example of one type of cyber crime is an account takeover. This happens when cyber criminals compromise your computer and install malicious software, such as key loggers, which record key strokes, passwords, and other private information. This in turn allows them access to programs and web sites using your log-in credentials. Once these criminals steal your password, they may be able to breach your online bank account. These criminals can be anywhere in the world and may be able to transfer your money almost immediately.

The effects of a single, successful cyber-attack can have far-reaching implications including financial losses, theft of intellectual property, and loss of consumer confidence and trust. The overall monetary impact of cyber crime on society and government is estimated to be billions of dollars a year.

Training and awareness are important first steps in mitigating these attacks. All citizens, consumers, and employees should be aware of cyber threats and the actions they can take to protect their own information, as well as the information within their organization.

In order to minimize the risk of becoming a cyber crime victim, the following measures should be undertaken;

Use strong passwords.
Use separate ID/password combinations for different accounts, and avoid writing them down.
Make the passwords more complicated by combining letters, numbers, and special characters.
Change them on a regular basis.
Secure your computer:
Enable your firewall.
Firewalls are the first line of cyber defense; they block connections from suspicious traffic and keep out some types of viruses and hackers.
Prevent viruses from infecting your computer by installing and regularly updating anti-virus software.
Block spyware attacks.
Prevent spyware from infiltrating your computer by installing and updating anti-spyware software.
Secure your mobile devices.
Be aware that your mobile device is vulnerable to viruses and hackers. Download applications from trusted sources only. Do not store unnecessary or sensitive information on your mobile device. Most importantly, keep the device physically secure; millions of mobile devices are lost each year. If you do lose your device, report it immediately to your carrier and/or organization. Some devices allow remote data erasing.
Always protect your mobile device password.
Install the latest operating system updates.
Keep your applications and operating system (e.g., Windows, Mac, Linux) current with the latest system updates. Turn on automatic updates to prevent potential attacks on older software.
Protect your data.
Use encryption for your most sensitive files such as health records, tax returns, and financial records.
Make regular backups of all of your important data.
Secure your wireless network.
Wi-Fi (wireless) networks are vulnerable to intrusion if they are not properly
Public Wi-Fi, a.k.a.hot spots may also be vulnerable. Avoid conducting sensitive transactions on these networks.
Protect your e-identity.
Be cautious when giving out personal information such as your name, address, phone number, or financial information on the Internet. Ensure that websites are secure, especially when making online purchases, or ensure that you’ve enabled privacy settings (e.g., when accessing/using social networking sites, such as Facebook, Twitter, YouTube, etc.). Once something is posted on the Internet, it may be there forever.
Avoid being scammed.
Never reply to emails that ask you to verify your information or confirm your user ID or password.
Don’t click on a link or file of unknown origin. Check the source of the message; when in doubt, verify the source.

18/06/2017

Managing Fraud in a Business.

All organizations are subject to fraud risks. Large frauds have led to the downfall of so many organizations, massive investment losses, significant legal costs and erosion of confidence in capital Markets. Publicized fraudulent behavior by key executives has negatively impacted the reputations, brands, and images of many organizations around the globe.

Reactions to recent corporate scandals have led the public and stakeholders to accept organizations to take a “no fraud tolerance” attitude. Good governance principles demand that an organization’s board of directors, or

Equivalent oversight body, ensure overall high ethical behavior in the organization, regardless of its status as public, private, government, or not-for-profit; its relative size; or its industry. The board’s role is critically important because historically most major frauds are perpetrated by senior management in collusion with other employees Vigilant handling of fraud cases within an organization sends clear signals to the public, stakeholders, and regulators about the board and management’s attitude towards fraud risks and about the organization’s fraud risk tolerance.

In addition to the board, personnel at all levels of the organization including every level of management, staff, and internal auditors, as well as the organization’s external auditors have responsibility for dealing with fraud.

Particularly, they are expected to explain how the organization is responding to heightened regulations, as well as public and stakeholder scrutiny; what form of fraud risk management program the organization has in place; how it identifies fraud risks; what it is doing to better prevent fraud, or at least detect it sooner; and what process is in place to investigate fraud and take corrective action.

The most cost-effective way to deal with fraud is to prevent it. A dishonest employee will exploit any loophole in an or...
18/06/2017

The most cost-effective way to deal with fraud is to prevent it. A dishonest employee will exploit any loophole in an organization. So, to prevent fraud, it is important to close those loopholes. When collusion takes place, and two or more individuals work together to systematically defraud an organization, losses will be multiplied. Collusion is often at work in procurement fraud. Most employee fraud can occur in any department: accounting, operations, sales, executive/upper management, customer service or purchasing.

Small businesses are at the most risk for fraud because they are typically lacking in anti-fraud controls compared to their larger counterparts. This makes small businesses particularly vulnerable to fraud. To prevent fraud at small businesses, owners should establish an efficient system of internal controls.

Procurement fraud is dishonestly obtaining an advantage, avoiding an obligation or stealing or redirecting funds during the acquisition, sale or management of goods or services.

Procurement fraud extends across many industries, and the types of fraud vary in levels of sophistication. The purchasing function represents one of the biggest opportunities for fraud in any organization – and the potential for expensive losses.

By being alert to the various forms and schemes procurement fraud can take and identifying the risks, you will be better able to protect your organization from falling victim. Procurement fraud carries various forms;

Embezzlement –Stealing money or property by a person who is in a position of trust, such as an employee or an agent. Embezzlers typically come into possession of money or property legally, but take it fraudulently. Embezzlement is a white-collar crime and involves no physical violence. Embezzlement charges may be filed for almost any amount, but the amount of money taken usually determines the charge. High-profile embezzlement cases can involve the misappropriation of millions of dollars.

Mischargng for Cost or Labor – Knowingly charging customers higher rates or costs than contracted or for more hours than were worked.

Product Substitutions – The substitution of inferior or substandard products that are delivered to customers instead of contracted goods or services.

Selling Defective Parts or Supplies – Selling customers defective goods or products that do not meet an acceptable standard or level.

Bid Rigging – A form of price fixing, in which a commercial contract is promised beforehand to one party although other bids are received for appearance’ sake. Bid rigging takes several forms, including bid suppression, courtesy bidding, bid rotation and subcontract bid rigging.

False Claims – Filing false claims for reimbursement, usually to the government.

Bribery – Offering, giving, receiving or soliciting something of value for the purpose of influencing the action of an official or other individual in the discharge of their duties. Bribery in the business world is most typically found in the area of bidding.

Money Laundering – Disguising the origin of illegally obtained money to make it appear to be legitimate.

How can procurement fraud be prevented?

The foundation of preventing and detecting occupational fraud is recommending employee education. Organizations that offer fraud training experience lower losses to fraud. Owners and managers should set an ethical tone for their employees, and staff members should be trained in what constitutes fraud, how harmful it is to everyone in the company and how to report questionable activity. This is commonly called the “tone at the top.”

Employee tips account for more than 43 percent of initial fraud detection. Hotlines are an extremely cost-effective means of detecting employee fraud, and companies with employee hotlines receive considerably more authentic tips than those without a hotline.

Organizations that perform surprise audits typically have less loss due to fraud, but surprise audits are one of the most underutilized fraud detection methods. Every business should develop a strong internal control framework. Some safeguards that can prevent procurement fraud include:

A centralized procurement department that routinely rotates purchasing managers across different vendor relationships.
A strong contracting process that includes well-written contracts and a strong code of ethics that vendors acknowledge and must abide by.
A thorough review and disclosure process to investigate all new vendors, including any possible association with existing vendors or employees of the organization.
An efficient process of accepting and acknowledging that goods and services are adequately delivered in accordance with the terms of their contracts.
Routine auditing of vendors to ensure that pricing is in accordance with agreements and other contractual terms are being met.
Regular auditing of accounts payable to look for duplicate disbursements and to verify that credits and discounts are being properly administered.
Development of a routine bidding process for contractual items to determine if pricing is at market rates. Bids should be reviewed by the procurement department, independent of those requesting the goods or services.

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Kampala

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