Frequently Asked Questions
You might be using your data, but are you doing so optimally? Securely? NovoFinity can ensure you are getting the most from your data in a secure and trusted way, and that uplift in use often results in disproportionate uplifts in operational efficiencies and even revenue generation. Even our average-length consultations can have pronounced impact on how your business operates.
Are these just buzz words and hype, or are they relevant for me? With the rapid pace that technology changes and new products are entering the market, we are not surprised that many decision makers are confused. With the fear of being left behind or missing out, we appreciate that decisions are made everyday without necessarily having all the facts or experience at hand. We value successful outcomes over meaningless talk and will help you siphon through the hype and buzzwords to ultimately make the right decision for you.
The concepts brought out in BCBS 239 are continued in CPG 235. It is intended to assist regulated organisations in Australia in managing data risk. It is intended to serve as a guide for executives, as well as risk and technical experts.
Predictable Security learns from what new types of attacks and the elements that attackers use. PS identifies, dissects, and processes countless data points harvested from digital and even physical sensors to proactively build models that help defend the organisations of our clients from threats that haven’t even manifested yet!
The NovoPac appliance helps organisations that use the Jobpac ERP system to unlock the business information in a structured way which is optimised for report querying facilitating complex reporting and analytics capability. This provides a platform from which other sources of data can be added allowing for enterprise-wide data integration.
Our experienced consultants have the deep knowledge and experience to assess where your organisation is in the journey towards becoming a data-driven organisation. Based on your current position we will highlight where investment is required to support key strategic business goals and imperatives.
We are experts in ‘all things data’ and as such, offer a broad range of services across the data life cycle. We help organisations create applications to engage their customers, automate business processes, as well as delivery of dashboards and reporting. NovoFinity have experts across core defined data management capabilities, such as strategy, governance, architecture, and data quality.
We firmly believe that in order to survive in the digital age, you need to become a data driven organisation. We can help you on the journey from start to finish.
The BCBS 239 Accelerator is the fastest and most streamlined way for organisations to validate their data against vital international finance requirements. NovoFinity have developed frameworks that not only reduce the friction of adoption, but ensure best practice if maintained throughout the program of work.
The vast majority of security solutions on the market are built upon a signature-based system where they rely wholly on the recognition of the ‘fingerprints’ from previous attacks. Predictive Security (PS), our flagship security solution, is the next evolutionary step forward. PS is based on Artificial Intelligence and big data to not look for a simple ‘match’, but rather a complex model of suppositions run against logical and statistical checks to prevent threats before they happen.
Predictable Security is what NovoFinity leverages to provide the revolutionary security solution for our clients. Based on a patented, unique Artificial Intelligence, PS is able to learn from sequences that attackers naturally follow and can learn to predict actual threats before they occur based on key indicators and deep learning.
An agile and iterative approach working with a clear and well designed plan and backlog, is not only a smarter way to approach data programs, but will launch your initiatives quickly and establish a data-friendly culture for the long term.
W. Edwards Deming once said,
“That without data, you’re just another person with an opinion.”
We truly believe that all decisions should be made from data. We will help you gain a competitive advantage over your competition by becoming data driven through enhanced data management activities.
Please reach out to us on the contact form below.
All data is vulnerable to cyber attacks when hosted on connected infrastructure. This is even more true for cloud based data repositories. With NovoFinity, our Predictable Security solution, threats can be address proactively, before they manifest into real risks.
We understand that working with clients face-to-face has certain advantages, however, we fully embrace remote working which allows us to leverage our resource pools from South Africa and the USA. We are flexible and will accommodate most requests to facilitate the right solution for your organisation.
We have the skills, experience and people to help you create the teams and implement the technology to achieve your goals. If you decide that you would rather focus on your core business activities, we can help you to put tailored solutions in place to support you in maintaining your competitive advantage.
The California Consumer Privacy Act of 2018 (CCPA) gives consumers more control over the personal information that businesses collect about them and the CCPA regulations provide guidance on how to implement the law. This landmark law secures new privacy rights for California consumers, including:
- The right to know about the personal information a business collects about them and how it is used and shared;
- The right to delete personal information collected from them (with some exceptions);
- The right to opt-out of the sale of their personal information; and
- The right to non-discrimination for exercising their CCPA rights.
Businesses are required to give consumers certain notices explaining their privacy practices. The CCPA applies to many businesses, including data brokers.
The General Data Protection Regulation (GDPR) is a regulation in EU law on data protection and privacy in the European Union (EU) and the European Economic Area (EEA). It also addresses the transfer of personal data outside the EU and EEA areas. The GDPR’s primary aim is to enhance individuals’ control and rights over their personal data and to simplify the regulatory environment for international business. Superseding the Data Protection Directive 95/46/EC, the regulation contains provisions and requirements related to the processing of personal data of individuals (formally called data subjects in the GDPR) who are located in the EEA, and applies to any enterprise—regardless of its location and the data subjects’ citizenship or residence—that is processing the personal information of individuals inside the EEA.