Spring Lake Park, MN (PRWEB) October 06, 2011
In September, Software Diversified Services (SDS) began providing a unique software tool for enterprise fraud detection. The new VitalSigns Detective VitalSigns Detective allows companies and governments to monitor every screen, every keystroke and every message on their computers, no matter who is using them.
As recently as 2008, more than half of bank fraud was the work of bank employees and executives, according to Celent, a research and consulting firm with offices worldwide. http://www.celent.com/reports/internal-fraud-big-brother-needs-new-glasses
The typical inside fraud scheme goes undetected for 18 months, according the Association of Certified Fraud Examiners, and the median loss to the victim organizations is $160,000. http://www.acfe.com/rttn/2010-rttn.asp
"Smart, safe companies are turning to fraud detection software in increasing numbers," said Jim Lampi, vice president, Software Diversified Services. "So we are glad SDS can now help them address the issue."
"VitalSigns Detective fraud detection software works silently and effectively," said Lampi, "to root out any insider fraud issues and provide comprehensive enterprise fraud management for businesses of all sizes."
In addition, VitalSigns Detective fraud detection software offers:
- Complete real-time monitoring of all user interactions;
- Immediate alerts when user activity exceeds set thresholds or triggers red flags regarding insider fraud and mainframe computer fraud;
- Customized recording of specific time frames, display headings, user IDs, field names, field values and more;
- Silent detection that doesn't bog down host machines or alert users;
- Response-time analysis, archiving and regulatory compliance as well as support for internal investigations.
Through its zero-footprint technology, VitalSigns Detective is the only software tool for IBM mainframe and iSeries servers that allows companies to record and analyze all end-user interactions with legacy applications non-invasively and in real time.
About Software Diversified Services
Founded in 1982, Software Diversified Services (SDS) is a Minnesota-based company that provides business software solutions to hundreds of customers worldwide, including many Global 500 companies. Current customers represent industries including banking, finance, insurance, retail and government. Rated No. 1 by the prestigious IBEX Bulletin, SDS is noted for its industry-leading software, documentation and technical support. For more information on Software Diversified Services and VitalSigns Detective fraud detection software, please visit http://www.sdsusa.com/vsdetective.