Zero tolerance to Frauds

Corporate Developments Credit Suisse said it plans to set up a second back office in India and hire 350 staff by 2010. Nordic IT services group EDB Business Partner said it is planning to cut up to 150 jobs as part of a NKr400 million ($59 million) cost cutting programme. Sun Microsystems has agreed to be acquired by Oracle in a $7.4-billion all cash deal, after its earlier talks with IBM collapsed. Tech Mahindra, an Indian IT firm, has won the bidding to buy a 51% stake in fraud-hit Satyam Computer Services for around $579 million. Core Banking Bank Bumiputera Indonesia has implemented a new IT system worth $5 million from local vendor Silverlake Axis Integrated Solutions with the help of IBM Global Technology Services. Neptune Software announced the successful implementation of its Rubikon Banking system at TN Bank in Zimbabwe. Jordan Islamic Bank has chosen STS, a local IT service and enterprise solutions provider, to deploy a new Islamic core banking system supplied by FACT, based

I found this artcile / survey very informative and relevant to us in Fraud Risk Management , given the trying times we are all in the subject interested me more Integrity Survey 2009. I trust all will find this very interesting reading i have given you the link where you may if interested to be able to download the entire report.