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Unity Solutions: Insider threat surveillance could have averted oil price spike caused by rogue broker claims Unity Solutions.
Leigh, Cheshire,, Jul 03, 2009 (M2 PRESSWIRE via COMTEX) --
Computer fraud detection and deterrent software provider Unity Solutions, a Leigh-based IT systems house, says that with Lanxoma in place the rogue trading deal at PVM Oil Associates which caused oil prices to spike this week, could have been averted.
Manoj Patel, managing director of Unity said: "With Lanxoma fraud detection software in place, any dealer could have required authorisation in order to trade beyond a pre-set level, for example. In the event that the trade had still occurred a complete recording of every mouse move, keyboard stroke and sound would be made and available for play back in real time to establish the true facts of what happened. Lanxoma's visually intelligible audit trail and recordings are admissible in a court of law and a very strong deterrent."
Lanxoma is believed to be the world's first system which can be used to automatically trigger controls on access to computer systems under user-controlled conditions, such as a trading limit, or IT worker making database changes.
Lanxoma was invented by Unity Solutions in order to tighten auditing controls over IT workers and protect systems from malicious or fraudulent activity at one of the worlds largest healthcare companies.
About Unity Solutions and Lanxoma
Lanxoma was developed by the in-house software research and development team of Unity Solutions in the UK in response to the auditors' requirement of a global pharmaceutical manufacturing company, a long-term client of Unity Solutions. Unity Solutions (UES Limited) was established in the U.K. in 1999 and rapidly established a global client base for its utilities and tools for ERP users.
Headquartered in Leigh, Cheshire, Unity Solutions also has a US subsidiary operating in Clearwater, Florida.
Note for editors
Manoj Patel is an expert on fighting back against cyber crime and is available for comment and interviews.
CONTACT: Salli Roskilly, Saffron Communications Limited
Tel: +44 (0)1763 208 708
Fax: +44 (0)1763 208 813
Tel: +44 (0)7977 573 003
WWW: http://www.saffroncoms.com
e-mail: salli@saffroncoms.com
Linda Trim, Saffron Communications Limited
Tel: +44 (0)1763 208 708
Manoj Patel, UES Limited
Tel: +44 (0)1942 267 488
e-mail: mpatel@unitysolutions.com
Lanxoma
WWW: http://www.lanxoma.com
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
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