Computer fraud detection and deterrent software provider Unity Solutions 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, says: “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 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.