Robust Online Fraud Detection Solutions for the e-Commerce Market

Globalization and Technology innovations have paved the way for the growth of e-commerce that has although been beneficial to the organization but has turned out to be the primary driver of grey market and counterfeiting activities. In their attempt to counter these attacks, many enterprises employ counterfeit detection solutions which are either manual methods or semi-automated methods of scouring the Internet.


The economic survey done by PwC suggests nearly 50% of the companies across the globe are victims of frauds. The growing use of the World Wide Web for B2B or B2C sales has only made way for the growth of online frauds with counterfeiters gaining access to millions of potential victims.


Online fraud detection is a critical issue in the present day techno savvy world. The effect of counterfeiting and online frauds may not always have drastic   effect at the retailer levels, but the ones most affected will be the original manufactures and the authorized dealer channel, with damages leading to financial losses besides loss of brand reputation. Enterprises therefore need an enterprise risk management solution that will help keep these risks at bay.  


With the rising demands for preventing internet fraud, a number of enterprises have forayed into designing and developing online brand protection solutions  for the e-commerce market. Many of these online monitoring solutions  though help in detecting trademark violations, but do not actually aid in detecting products or websites targeted by fraudsters.


Organizations need to opt for online fraud detection solutions that would help them to monitor a wide number of global of e-commerce websites and grey market channels. It should also provide the client organizations with identified and analyzed suspect data delivery through easy-to-use dashboards and email alerts. Such analysis helps organizations with visibility across the spectrum and helps them to proactively respond with anti fraud actions.


The use of efficient online fraud management solution by organizations reduces the impact of counterfeits on their company. The 24/7 SaaS based solution offers brand and IP protection, enterprise sales intelligence , channel intelligence, market intelligence and warranty watch. This online fraud detection software prioritizes each suspect, its discount percentage and number of product listings as well as their sales volume. On the basis of this analysis organization can engage investigation and enforcement procedures against the fraudsters. Such robust solutions help to stop erosion of revenue, profit and brand reputation besides providing the customers better returns on their investments.

How To Implement a Successful VRM Strategy?

Global economic conditions today have caused almost every enterprise to pay greater attention to risks related to their service and supply chain. In addition to that, with the new and expanding compliance regulations many enterprises are also focusing on better ways to manage their ongoing vendor risks and compliance issues.

Vendor management is therefore looked upon as a project for staying compliant and efficiently managing third party risks. It is all about attaining the best possible returns and generating additional value from vendor investments. Furthermore, it involves, adopting a holistic approach for monitoring every aspect of the vendor relationship, i.e. from sourcing, selection, performance management to risk and compliance monitoring. Any effective vendor relationship management (VRM) strategy aims at harmonizing the appropriate people, business processes and supporting VRM software to derive the best possible results. It also includes conducting targeted vendor audits to uncover high risk vendors or instances of non-compliance and resolving the identified issues.

In order to ensure successful implementation of a VRM strategy, it is essential for organizations to follow the three essential steps. They are:

  • Conduct risk analysis – Organizations need to understand the significance of the vendor to the organization, the nature of activity performed and the innate risks present in it. Only when the risks are recognized appropriate measures can be arrived at.

  • Document a vendor relationship contract – All vendor relationships regardless of the risks should be defined in a written contract format in order to avoid any disagreements.

  • Supervise the vendors on an ongoing basis – All the vendor policies associated with internal controls and security must be reviewed to determine whether a vendor is following the controls need to be developed as well.

Improve vendor collaboration
Today esteemed service providers specializing in enterprise compliance management software have introduced advanced vendor management solutions that make sure enterprises and their outsourced partners remain compliant. This results in improved collaboration with vendors and other benefits, such as:

  • Automates the monitoring of technical controls and critical data
  • Manage risks with a Vendor Manager
  • Assess vendor risks by using multiple assessment types and library of questions based on best practice standards
  • Attain risk, IT security and compliance rating of vendors from assessment results
  • Evaluate vendor compliance to procedures and regulations
  • Tracks and recognizes non-compliance areas

An enterprise that implements an effective vendor management strategy backed by appropriate vendor management processes, is better positioned to drive growth, manage expenses, and alleviate risk across every department and business unit.

Read more on - HIPAA and HITECH, vulnerability management

Top Engineering Services Consulting For Comprehensive Aerospace Manufacturing

In the current business environment aerospace manufacturing companies need to ensure efficient and seamless planning to deliver the most  precise results. As the aerospace industry witnesses growth in civil aviation and defense expenditure, manufacturing units face innumerable demands and innumerable opportunities. The undertakings that manufacture machines for aerospace, automotive and for industrial use have to ensure that the models prepared for mass use are safe and risk-free, and also have to ensure that top quality products are provided at all times.


The secret to successfully executing a robust global product development capability is in a modular style of building and managing a global model for engineering. The engineering plays a key role in determining the aerospace organization’s performance on very critical metric like time to market, cost or flexibility and usually requires a highly equipped facility and instrumentation tools. Since the job of manufacturing and engineering requires high levels of competency and extensive experience these companies should employ specialists who have spotless track records in proficiency. While the nature of engineering services is expensive, with efficient outsourcing, there can be an overall reduction in the cost of all manufacturing operations.


The aerospace manufacturing needs to optimally use the opportunities, like available in the industry by coming up with innovative moves like setting up of a SEZ catering to the Aerospace Industry. It is profitable top team with top engineering consulting services to provide customer service and ongoing support throughout the operating Lifecycle of equipment, monitor the performance and reliability of their aircraft, engines and components in the field. These consultants demonstrate high levels of expertise and knowledge while ushering in streamlined and composite processes that focus on assured and promising returns.  Efficient engineering consultancy services also aid in determining and defining the root causes of any unanticipated failures, and have the capability to tackle matters as efficiently as cost effective as possible. These consultancies offer comprehensive services that include maintenance in a cost effective manner.


Eminent global engineering services companies today offer a complete blend of engineering solutions. Partner with a service provider who can help manage risk effectively and also reduce time to market.  Every aerospace engineering business that embraces healthy product development practices can enjoy successful experiences. Global outsourced engineering services help the aerospace engineering businesses to make their efforts tangible and provide them with support to help live up to the expectations of the customers.


Related Links:   Engineering consulting service ,  SEZ benefits

Leveraging the SEZ Benefits in India

Special Economic Zone (SEZ) policy in India was declared for the first time in 2005. This act later got amended in 2006 and 2007. SEZ is taken as one of India’s growth-oriented legislations to increase foreign direct investment into the country and encourage public-private partnership to establish global standards in technology, exports and infrastructure. The Ministry of Commerce and Industry had set clear policies and regulations to administer as how the SEZ are established and effectively governed. Furthermore, the State Government has undertaken a significant role in expanding SEZ’s in each states. They provide for the conditions and approve important approvals that are essential for the management and functioning of SEZ’s in India.

 

Recently, eminent integrated engineering services have taken part to develop some of the special economic zones in India. A noteworthy initiative that deserves mention here is the Precision Engineering and Manufacturing SEZ unit in Belgaum. This unit has acted as a base for other foundry operations for multiple industrial and automotive amenities. There are approximately 100 foundries that are present along with 150 machine spots. Furthermore, you have access to a vast skilled labor force and that too at a competitive price range. This factor adds even more to its credibility. These apart, this Indian SEZ provides an organic, eco-friendly and sustainable industrial development. Few other SEZ benefits are:-

 

·         There is international standard landscaping with approximately 15,000 trees

·         There are bicycles for intra-zone mobility

·         A proper landscape with a huge amphitheatre visible and available from total campus

·         Has rain water harvesting

·         Provides a water treatment plant

·         Provides a sewage treatment plant

·         An existing small stream is being converted to a natural water body

 

Other than the above mentioned SEZ benefits, the unit provide complementary consulting facility. This is offered in the form of turnkey operations for setting up green field projects in the manufacturing and precision engineering zone. Furthermore, the unit also offers an incubation facility to the users, till such time their individual units within the zone are under preparation. The plan also ensures that users have access to the refurnished offices and other allied business amenities in reasonable rental schemes.

 

Thus it can be asserted that eminent MNC’s and global manufacturing services have set their best foot forward to develop the Indian SEZ’s. Other than attracting foreign investments development of Indian SEZ’s also resulted in export of extra goods and services and successfully created better and more employment scopes.


Related Links : Avionics engineering, Precision machining

Services Offered By Biometrics Companies

Biometrics is one of the many prominent verticals in the science, medical and technology industry and has been present for approximately 20 years. Its size is calculated to be about one billion Euros. In the recent past inquiries and concerns with regards to automatic people recognition have been gaining attention and both technicians and scientists are delving into the field. Though there have been and are numerous medical devices aiding the process, biometrics is considered to be still in its initial stages of history.

 

Biometrics systems are mainly used to detect anatomical and other inherent physical/behavioral traits of an individual. The features or body parts that be used for biometric recognition, are:-

 

       Fingerprints or any other constituent of the finger, such as the veins inside

       Palms, its print or the whole hand

       Keystroke, the style of typing

       Signature, evaluates behavioral attributes for instance stroke, pressure and time

       Voice

       Iris, retina and features of eye movement

       Head or face, its shape and certain movements

       Body odor

       DNA

       Other aspects of the head such as lip prints and ears

       ECG

       EEG

       Gait, a unique style of walking for instance width of steps and pace

 

In the recent past, numerous Clinical Research Organization’s (CRO) have introduced biometric practices. These CRO’s have the capacity to manage multi-centric studies for global and domestic needs in various therapeutic areas. The biometrics service portfolio includes the following services:-

 

Database Programming

       CRF Design (paper & electronic)

       CRF Annotation

       Database Programming

       Validation Checks

       Metadata Repository Management

 

Data Management

       Data Acquisition

       Data Reconciliation

       Discrepancy Management

       Medical Coding (MeDRA & WHODD)

       Database Lock

       Data Extraction for Reporting

 

Pharmacokinetic & Pharmacodynamic Studies

       Sampling Point Estimation

       Technical Document Review

       PK/PD Query Resolution

       PK/PD Subject Matter Expert

       Pharmacokinetic support across study engagement

 

PK/PD Reporting

       SDMS Data Extraction

       PK Data Analysis

       PK Summary Reporting

 

Biostatistics

       Randomization

       Sample size estimation

       Trial Design Inputs

       Statistical Analysis Plan

       Statistical Analysis

       Biostatistics Subject Matter Expert

 

Statistical Reporting

       TLF Programming

       CDISC Data Mapping (SDTM & ADaM)

       Clinical Data Repository

       Pooled Data Analysis & Reporting

       Safety (ADR) Reporting

       Patient Profiles & Data Cleaning Reporting

 

However, there are many reasons to believe that biometrics and leading biometric companies are going to change people’s life in the near future. This is because it will utilize more innovative techniques than the ones that are in use today for individual identity authentication. This is very evident today, more so in association with the applications for instance logical and physical access control, transportation as well as the financial industry.

 

Read Also On: Bioequivalence,   BioavailabilityBiometrics Companies

Advanced Anti-Phishing Tools Always Ensure Proactive Protection for Your Business

IT security is of prime importance and is a critical issue to handle in businesses today and it remains vulnerable to various kinds of attacks. Phishing has been a key contributor to the increasing number of security breach incidents in recent times. This has led to organizations developing specific control measures to control these attacks. There is a need to look beyond traditional technology controls, and adopt continuous education and awareness to fight Phishing attacks.

 

Phishing attacks are common in the web world and usually do not target specific individuals or organizations, but cyber criminals are way ahead in designing complex Phishing attacks. Besides the obvious revenue loss and brand destruction, these attacks can result in damaging the entire computing system.  It is therefore essential for countermeasures like anti Phishing solutions to be considered in order to deal with the increasing technical sophistication of criminals conducting Phishing scams, exploiting human vulnerabilities.

 

With an automated anti Phishing software, you can make sure that there is adequate  awareness in your organization, as such software tests the abilities of your employees while also addressing this risk. In most cases it's a difficult task for organizations to prepare Phishing awareness programs for their employees.  There are leading solution providers specializing in Phishing protection solutions who have numerous ways that help enterprises to analyze that whether their workforce is aptly informed against social engineering hazards.

 

These solutions launch mock Phishing attacks, and also monitors and records the actions of employees. There are simulated Phishing attacks conducted in the best way to gauge the strength of your business security policies. It provides a clear picture of the areas that are lagging behind so that you can implement remediation measures before the actual damage is done. Efficient anti-Phishing software also provides detailed analytical reports that help you to understand how vulnerable your business is and gives you an opportunity to make amends before it is too late. It also provides statistics on user behavior, estimates the percentage of security awareness amidst the employees, recognizes data leakage, evaluates Data Loss Prevention programs as well as examining the incident response program.

 

It is important to ensure that the technology that you invest in having the capacity to protect you from downtime due to virus attacks, spam, and scam e-mail messages. Your anti Phishing tool must deliver valuable services by protecting your business investments. So secure your systems with automatic updates and a simplified management system so your office network won't be susceptible to harmful intruders and Internet threats.

 

Contribution of CRO’s in Clinical Research Management

Today clinical research management has become an exceptional discipline in the medical science domain. Clinical research application of scientific methods to human health is known as clinical trial or research management. Downside this procedure are its side effects that at times is adverse but most of the times beneficial. Furthermore, huge capital investments are required to fund the clinical research taking place. This is because the process includes diagnostics measures and treatment methods that aim towards better medicine discovery and innovative drug development.

 

Over the past few years clinical research and its efficient management have occupied great significance since the patient based observations have not been able to sustain the claims of uncaring doctors about their efficiency. It is difficult to overlook the errors of the unwillingness of the patients to get involved in any clinical trial. Recent surveys highlight that only 10 percent patients express their willingness to become a part of clinical processes. Furthermore, a collaborative environment also leads to unique independent counterpoints challenging the present study based theories and this offers a unique opportunity for career aspirants for out of the ordinary career building.

 

Today eminent Clinical Research Organization’s (CRO’s) conduct clinical researches along with other important medical studies with a team of medical experts and volunteers. Furthermore, in this world of outsourcing, CRO’s work towards offering their clients with quick study start up times and quality information that cater to all regulatory policies. A huge pharmaceutical organization might choose to outsource pre-clinical safety assessment work and have CRO carry on studies on a project-to-project basis. On the contrary, in case of a small start up Biotechnology Company lacking analytical resources might sign a contract with a CRO where they are allotted dedicated medical technicians who are capable of conducting clinical research programs with minimal notice. Other services that CRO’s offers are:-

 

       BA/BE studies

       PK PD and Patient studies

       Bioanalytical studies

       Phase 1 studies

       Biometrics

       Medical Writing

       Bioavailability

       Bioequivalence

       Regulatory Services

       Quality Assurances

       Project Management

 

The growth and expansion of CRO’s in the recent past have been exponential. The reason for this is simple. CRO’s provided various benefits to organizations and medical institutions interested to outsource their research requirements. The obvious benefit results in maximized productivity to the sponsor organization. This comprises the ability to start projects and offer specialized regulatory and scientific expertise. When a certain medical study or research needs to initiate then the CRO acts efficiently in planning for the space and labor requirements and can provide the resources effortlessly.

 

Read Also On: Biometrics Companies

Compelling Storage Server Solutions for All Data Centre Applications

Run with the help of a server system, a storage server is where all data is stored and maintained. Being a critical asset to the success of your business, the conventional server is configured to perform multiple functions. The conventional server is usually configured to execute several functions, while the storage server on the other hand is the perfect way of sharing common information among a group of users. It is capable of holding numerous hard drives that are used to store multiple data. With information being centralized, it is the storage server that offers the backup support. The expense of retrieving or maintaining data becomes way easier with a centralized server.

 

The storage server can deal with a number of tiers of storage and assemble the replication of data from one tier to another. While the storage server serves the storage, while the disk array is actually the storage. The introduction of cost-effective options in the market today has leading service providers in storage server solutions can deliver top performance while they are also being energy efficient. These service providers also ensure that the solutions can convey high reliability and performance.  The technologies used in these solutions to help in configuring the software and OS to deploy at optimal layers. It is also good to ensure that these server solutions can be configured as a multi-purpose server with a Microsoft Windows or Linux operating system, so as to ensure a maintenance-free storage.  To get the maximum performance, it is prudent to choose a storage server that has racked-optimized servers.

 

Most of the storage server facilities provide users with overall personalization, rapid turnaround time and better consistency. Efficient storage servers help take away obstacles, optimize file server utilization, and enhance performance at the same time also helps simplify migrations and IP storage management. They offer adaptable blade server solutions with various distinct combinations of processors and speeds and are fully optimized for mission critical data center applications and server consolidation.

 

Invest in a good storage server solution that offers expert services to optimize your data center, improves efficiencies, and increase service levels, while simultaneously reducing overall costs. The solution you “zero in” one must offer a complete range of customized rack-mount scalable storage servers for a wide array of applications counting data backup as well.

 

A solution that is energy efficient, cost-effective and offers high performance will undoubtedly be the best choice.

 

Read Also On: Oem Manufacturing, Data Centre Solutions, Custom Computer Systems

 

Importance of Logistics in Supply Chain Process

Wikipedia defines supply chain as “A supply chain is a system of organizations, people, technology, activities, information, and resources involved in moving a product or service from supplier to customer. Supply chain activities transform natural resources, raw materials, and components into a finished product that is delivered to the end customer.” The management of supply chain is referred to as supply chain management. It is nothing but planning, implementing, and managing the supply chain operations such as sourcing and procurement, conversions and logistics management as efficiently as possible. The aim of supply chain management is to satisfy customer demands by using resources, distribution capacity, inventory, and labor skillfully.

 

Supply chain consists of various phases such as sourcing, procurement, storage of raw materials, production planning and scheduling, forward and reverse logistics, warehousing, inventory, finished goods, order processing, customer service or returns management. Of these, logistics is one of the main functions within a company. This is because logistics involves the movement and storage of materials within a company. For instance, manufacturers procure raw materials from the suppliers and deliver finished goods to the end customers.        Here, logistics takes care of the movement of goods from original suppliers to the final customers. Wikipedia defines logistics as “the management of the flow of resources, not only goods, between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and often security.”

 

Until recently, the role of logistics ended with the delivery of goods to the final customers. Referred to as forward logistics it is the movement of materials and goods from the point of origin to the point of consumption. However, today there exists a reverse flow as well. Known as reverse logistics, it starts where the forward logistics ends. It is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin….” The purpose of reverse logistics is to recapture value or facilitate proper disposal and therefore involves activities such as return to supplier, resell, salvage, recondition, refurbish, remanufacture, reclaim materials, recycle, landfill, and so on.

 

Reverse logistics has attained greater significance in the wake of growing interest in carbon footprints. Regulatory issues have forced companies to make reverse logistics an integral part of their supply chain process.

 

Read more about : evaluation system & Supply Chain Solutions

 

Opting in For Innovative Data Center Solutions

When a business starts to grow promising future expansion, then the significance of having a facility where it can store its computer systems and becomes even more vital. In order to attain a stable environment, for instance back-up power supply, environmental controls, security devices and communication connections, it is essential for the user to opt in for efficient data centre solutions. Today the facilities have become essential to the basic operations to any kind of organization. Business firms that aim to end-to-end operations and wants to have a good reputation in the business community generally opts in for this service.

These centers generally function as a repository that is used to store multiple IT and other related business devices. A data center is essentially used to store crucial computer systems and other elements. What makes these facilities distinguished  is the standard of being maintained for server management. When it comes to data center solutions, there are mainly two choices that every user has. Either the user can opt in and build his own facility or he can decide to outsource the solutions from a company that excels in data center and web server management.

Today numerous companies companies started to establish their own data centers in India. When you are planning to establish your own facility it is essential to look for a separate space where you can place the servers. It is generally a very expensive option, as maintaining would require a complete power back up, communication connections, fire protection, cooling devices, smoke detectors, special security measures that add on to the expenses.

Today numerous companies specializing in storage servers introduced innovative data center solutions to cater your product level, cabinet and other rack assembly needs. These solutions incorporate software, hardware and peripherals for a turn-key, ready to implement solutions. These solution providers take up a partnering approach and works in cooperation with your engineers on design improvements, configurations and optimization. These companies also offer rack for industrial applications, web servers, database servers and networks that are apt for laboratory, commercial and workshop environments.

Furthermore, top notch service providers with their server, storage and high performance computing cluster and data center solutions offer an open architecture that enables future growth and easy upgrades. When this is combined with software and hardware integration services minimize both expense and risk.

Read Also On: Oem manufacturing, Custom Computer Systems