NetGuardians continues to expand in Africa

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12.08.2013

The Commercial Bank of Africa (CBA), one of East Africa’s largest privately owned banks, has made NetGuardians’ NG|Screener solution its choice for fraud mitigation and risk management.

CBA, which has operations in Kenya and Tanzania, is the first bank in East Africa to deploy NG|Screener. The move further strengthens NetGuardians’ client base and reputation on the African continent. CBA was won over by the seamless integration offered by the NG|Screener package for the Temenos T24 banking platform. As a comprehensive risk management solution based on intelligent behavioral analysis, NG|Screener will help protect the bank against particular challenges like tracking of IT and business user activity, forensic analyses, and reporting and compliance.

"As the threat posed by fraudsters increases, we at CBA continue to invest in solutions that ensure all financial transactions made by our customers are safe and secure. By partnering with NetGuardians, we have been able to enhance our information monitoring capabilities to raise proactive alerts and reports depending on critical triggers," said Moses Abwoga, CBA’s Head of Information Technology

NetGuardians is a leading software company recognized for its revolutionary solutions to control all operational risks from business operations to IT. Using smart behavioral analysis, NetGuardian’s technology quickly identifies all atypical activity. It effectively controls data leaks, alerts you to potential internal fraud and provides the reporting and analysis to meet needs like audits and forensics. Founded in 2007, NetGuardians was the first company to emerge from the innovation incubator of the HEIG-VD Business School and Engineering Vaud, in Yverdon-les-Bains, Switzerland. Since then, the company has seen a steadily growing clientele in Europe, the Middle East and Africa.

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