Said Ouedraogo

  • More and more online businesses rely on the marketing analytics such as the page views, new site visits and so on; for taking any strategic business decision. Those businesses are sometimes victims of like […]

  • More and more companies are moving to the cloud but few have successfully harnessed cloud-based analytics. In fact, many have invested heavily in cloud based analytics platforms only to discover their data is […]

  • You are absolutely right , bu let’s not forget that technology is a double-edged sword. And as we all know (as millennials) we tend to use technology everywhere and in every situation. Some task may not required technology and since we can’t live without it we will try to apply it to the tasks with the risks of making them harder. Don’t get me…[Read more]

  • Great post Alex! I totally agree with you on this one, but companies do not know that they are hiring fakers. In fact, they are fakers because they are not who they said they are and got hired based on those false statements. One thing companies can do is to strengthen their background check process and hire auditors only based on their reputation…[Read more]

  • Great post! It is obvious that no one wants this type of auditor. However, I think it the type that would bring the least problem. True that they are lazy and will not do the job the way they are supposed to, but at least they will not be faking. They will do the bare minimum and sometime present incomplete work. But their supervisor will always…[Read more]

  • Big data became one of the trend in the technology sector over the past two years. Companies are more and more looking to embrace big data and discover new customer patterns in the process. However, it remains an […]

  • The Monetary Authority of Singapore (MAS) is planning to establish a data analytics group that will guide the organization as well as the local financial sector towards the digital economy. The new unit would […]

  • Said Ouedraogo posted a new activity comment 1 month, 1 week ago

    I would say that technology impacts on the enterprise depends on depth of knowledge in technology. In fact, I don’t see how a technology would have a positive impact on an organization if the organization does not master the technology. As we all know, technology is a double-edge sword. The wrong use of it can be costly to any organization. I w…[Read more]

  • Said Ouedraogo posted a new activity comment 1 month, 1 week ago

    Magaly,

    I may be confusing myself, but how an organization will know the impact of a technology if it does not understand it? In order to know what impact a technology could have on your enterprise environment you first need to understand it. By understanding I mean everything, from the implementation to maintenance. It is only after hat you…[Read more]

  • Said Ouedraogo posted a new activity comment 1 month, 1 week ago

    You are definitely right Sean. The faker could be a catastrophic consequence to the auditee. Sooner or later, all false statement will see the light of day. The auditee will see itself fined by the authorities. This is why it is really important to do research before hiring auditors. It also underlined the importance of reputation because the…[Read more]

  • Google and the famous fashion brand H&M have collaborated for a new app called Data Dress. The idea of the app is to help you with custom clothing by analysing your lifestyle, activities, hangouts, and the weather […]

  • Said Ouedraogo posted a new activity comment 1 month, 2 weeks ago

    Nice post!

    However, I do not think that pressure to increase revenue was the motive here as “CFPB’s complaint states that only 85,000 of the 1.5 million fake accounts incurred fees (of about $2 million), and just 14,000 of the half-million unauthorized credit cards incurred fees (of about $400,000).” $2.4 million is nothing compared to the $…[Read more]

  • Great post David!

    In fact there is a lack of awareness. People don’t know how crucial it is to protect their information and/or the information of a company. Also, most of them think it will never happen to them. Frankly, I think that we did not yet understand the downsides of technology.

  • IRS: Scam Blends CEO Fraud, W-2 Phishing
    According to the U.S. Internal Revenue Service, scammers are now sending e-mail scams in which the attacker spoofs the boss and tricks an employee at the organization i […]

    • Said,

      I like your suggestion about checking to see if something is legit, but in order for your suggestion to work, the CEO has to create an environment where employees feel comfortable calling them. Also, it not be feasible for a large company, as you need the CEO to focus on their job responsibility. I would recommend setting up a system where if people are unsure of the authenticity of an email, they could contact someone in the IT security office to determine if this is legit. I think that some organizations provide this service to their customers already.

    • Nice post Said, this is like the spear phishing. social engineering knows your name, your email address, and at least a little about you (from social networks). he sends the CEOs an email and is likely to be personalized, “hi Bob” instead of “Dear sir”. The emails seems to come from someone they know, and they may be less vigilant and give them the information they ask for.

  • Said Ouedraogo posted a new activity comment 1 month, 3 weeks ago

    Abhay,

    You had the right reaction. Unfortunately, everybody is not as lucky as you were. I know people who had fallen for this scam. After, the call they immediately sent the money via Western Union. The worse thing in that story is that they realized it was a scam only months later when the university sent an email regarding the issue.…[Read more]

  • My name is Said Ouedraogo, a young dynamic entrepreneur from Burkina Faso (West Africa). I basically did everything at Temple; from my English program (IELP) to my graduate studies. And I am currently working for […]

  • Said Ouedraogo posted a new activity comment 3 months, 2 weeks ago

    Given the information shared – why would Dow Chemical company approve such a large investment?

    I just think that it is a strategic move. The company has certainly conducted a cost-benefit analysis and found out that the benefits will be greater than the cost. And frankly, I don not think they would have approve such a large investment than t…[Read more]

  • Said Ouedraogo posted a new activity comment 3 months, 2 weeks ago

    I agree with you guys. As I said in one of my post, management is at the same time the defrauder and the victim. The C-suite are victims because they are under pressure from the board and shareholders ( who can be us). They are pressured to make profit and increase stock price…However, this is where moral comes into play. And as you said Paul,…[Read more]

  • Said Ouedraogo posted a new activity comment 3 months, 2 weeks ago

    Magaly,

    I agree with you. I would jut like to add that it also depends on the amount of money an organization is willing to spend on automated controls. Most of them, will conduct a cost-benefit analysis to decide if they should go for it or non. And yes, it depends on the size of the company. I will recommend that a small company invest it…[Read more]

  • Said Ouedraogo posted a new activity comment 3 months, 2 weeks ago

    You are absolutely right about leaders being greedy. When you think about it those guys were only victims of their own greed. I am not saying that what they did is justified, but they are not the only one to be blamed. In order, to have fraud there must be pressure, opportunity and rationalization (Triangle fraud). Well, those leader were…[Read more]

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