Archives 2022

SME specialist Consulting at Rahn takes us to all kinds of wonderful tasks and places. This is one of the highly dynamic perks our team experiences that in return, makes them equally dynamic. The Rahn rockstars represent the key spokes in our IT business proposition that enables your company to turn the churning machine faster. With smoother processes and technical solutions across the entire financial ecosystem – these esteemed colleagues operate at the top of their game with the know-how that really matters.

To temporarily part with some of the heavy topics we regularly cover in our Blog articles, we would like to introduce you to them – currently serving some of our biggest financial clients in South Africa through specialist consulting positions in their uniquely designated teams.

Roché Pretorius

As Managing Director of Rahn Consolidated, Roché – a data management and information consultant with over 15 years of banking, finance, and insurance experience – is on a professional mission to relieve your company of its compliance burden.

The catalyst behind our Financial Crime Compliance platform, Roché understands how compliance places everyone in a position to be accountable and how it enforces a safe playing field for all people in the business sector. His implemented expertise is what reduces operational risk and friction between you, the client, and any customers and regulatory bodies.

In addition, Roché helps our clients see and tangibly feel the difference when they are able to manifest their companies with true peace of mind that the red tape is truly taken care of. His ability to solve complex business data challenges is manifested through the growing suite of product solutions that Rahn continues to custom build, to its target market.

Tankiso Vukeya

Tankiso is a BI Developer at Rahn, which means she understands how to provide key information to key stakeholders for decision-making that is fluid and ultra-accessible in 4.0.
With over ten years of experience in Business Intelligence, Data Warehousing, Data Quality and Data Modelling – Tankiso knows exactly which processes and systems will get your privileged information under the right privileged eye that needs to see it immediately as it happens.

Furthermore, Tankiso sees to the seamless integration of our developers with yours. This is where they sit down together, take hands and physically tackle the streamlining issues of any information in your company. New cases and new problems are what drive Tankiso to solve them dynamically.

Shane Immelman

Shane comes from the voodoo of Business Intelligence and SQL development. Serving within the insurance and other financial fields for over 17 years – Shane understands how your Data is filtered and distilled digitally in order to provide intelligent information.

Currently working as a specialist consultant in one of South Africa’s biggest financial services companies – Shane is the guy that gets creative with them. Programming the protocols he envisions and teaching his relevant teams how to do it too. Shane has a great love for empowering people and thrives in this space where many rely on him.

Rahn – Apply Specialist Consulting to Simplify Complex Problems

Rahn rockstars take no prisoners and deliver each and every time. Any big-business enterprise and SME can benefit greatly from either custom software solutions or experts who are driven by data.

By the same token, everyone gains from innovation. It’s just a matter of how well you WHEEL it now.
To learn more about how our external and specialist consulting services can accelerate your problems into sustainable IT solutions, get in touch with us to set up an appointment today.

Problem-solving in your company shouldn’t be a solitary task. The expertise of external consultants, alongside your team, makes for an unstoppable force.

Problem-solving in your company or department is an everyday activity we all make peace with early in our corporate careers – there’s going to be something to sort out during a normal day at the office that, for many business owners, often stretches way beyond the conventional thinking and in-house skills.

But with so much going on, especially within often under-resourced SME’s – there are also overlooked requirements in smaller print that can go unnoticed, and if neglected, could pose a very real threat to your business, your reputation or financial affairs. 

Rahn Consolidated offers expert Developers, Analysts and Project Managers who seamlessly jump onboard any team or project to assist you. Integrating their knowledge into your workflow whilst safeguarding your process to guarantee the right compliance everywhere it matters. So you can play safe and learn safe in waters you have a passion for, but don’t necessarily know about. Let’s explain in more detail.

The FIC and You

Missing important regulatory requirements such as financial compliance might put you at the risk of imprisonment or a fine of up to R10 million when Cash Threshold Reports and Terrorism Property Reports are neglected by the Financial Intelligence Centre (FIC). This is an example of a requirement that you, a new business owner perhaps, might not be aware of starting out.

The FIC thus orders by law that compliance officers report all cash transactions above R25,000 to them via their AML System, as well as suspicious activity and property in your company’s possession that could be linked to terrorism.

Communication is key. Download this easy project management tool in order to manage your external consultants 

Finding the Right External Consultation Partner for effective Problem-Solving in Your Company

The fact is that AML Compliance is one of but many things you might need to be externally consulted on, to navigate problem-solving in your company or department. What about onboarding? Sourcing the people that won’t come with surprises on their records?  The good news is that the right consultation partner actually protects you from the problem before it turns into one. Providing the correct scope, diligent experience and insights early and offensively to be implemented. A playing tactic that always wins.

Rahn – Joining Forces to simplify your complex Problems

Innovation and creativity are unstoppable forces together. Every business is different. Different challenges, different management styles and different objectives. This is what makes Rahn dynamic and robust in our service solutions. As your SME uncovers its personality, we can provide you with a strong, data-centred foundation and framework to grow and flourish, while never keeping your eye off the compliance ball!  A consulting process solution where creative problem-solving in your company or department is all you have to worry about – the fun problems to have. 

To learn more about how our hand-picked specialists and external consultants can accelerate your problems into sustainable solutions, get in touch with us today to set up an appointment. 

Cybercriminals are crafty and creative. As we become more and more reliant on technology, nobody is immune to their nefarious activities. Through various types of phishing scams, they exploit the lonely, the poor, the honest, the helpful, the elderly, the rich and certainly the naïve in ways that never cease to astound. From winning lottery numbers to claimed inheritances and fortunes themselves – these Trojan horses come dressed for children’s parties in what they offer, yet never ever deliver on.

Fake login domains, crypto giveaways, Fong-kong friend requests, impersonators and direct winning messages on so many platforms – you cannot make this stuff up even if you tried. Whether highly targeted or by generic mail scam – it makes one wonder if getting a job isn’t less effort than the dubious lengths these chancers will go to steal a buck. 

It’s absurd. And so absurd, the names for classifying these varied types of phishing cyberattacks reflect it. So let’s start with our frank definition of Phishing.

A cyber attack that attempts to steal your money, or obtain your identity by luring you into very shady corners of the Internet.

These scams are cleverly designed to make you reveal personal information such as identification and credit card numbers, banking details, or passwords on websites,  to people online that pretend to be legitimate.

Email Scams – The Most Common Types of Phishing

We come across it regularly and somehow, it still seems to occasionally bypass our Spam filters and into our Inboxes. Scammers attempting to phish your details by email in the shotgun approach scammers use to see who falls for the deception. These emails usually inform the reader that their banking details may have been compromised only to take you to a well-designed login interface that looks very similar to yours. Thus capturing your details that way so by the time you log into your correct banking service, you’ll find that you have been cleaned out. 

Spear Phishing & Whaling

More specialized and highly sophisticated, these types of phishing for your details generally target system administrators and executives. Usually informing them of some bogus labour malpractice that they need to rectify by visiting fraudulent domains and entering crucial company information. These can ultimately lead to DDoS attacks and Ransomware executed on your internal WAN. We’ve seen this recently in high-profile cases such as SARS, the City of Joburg, and of course TransUnion. 

Rahn’s Expert Tip: Analyse the threat and elevate it to management. Contact the relevant regulatory body directly to verify any claims, threats or offers before clicking on any link. When the personal information of your entire customer database is in jeopardy, the utmost caution and hesitance must be observed. 

Rahn – Assisting Companies in tackling Illicit Online Activities

It’s highly unlikely that any bank will mail you from a Gmail address, but by accidentally installing Trojan bots or other harmful Malware – your activity can be monitored and credentials can be stolen if constant vigilance is not applied.

At Rahn Consolidated Pty Ltd, we recognise that different types of phishing scams are another rod, cast by financial criminals who use technology to facilitate money laundering. Through specialised financial crime compliance software and the placement of software experts, we provide innovative solutions to identify financial crimes such as fraud, money laundering, and terrorist funding, alongside non-financial crimes such as human and wildlife trafficking. 

Don’t become easy bait for brazen criminals. Contact our team today to explore how we can assist you in verifying all incoming data and mitigating operational risks for your financial services company.