From the editor's desk: A way to fail safely

Issue 4 2022 News & Events

This edition of Hi-Tech Security Solutions has a rather sad story (http://www.securitysa.com/16667r), but also one of courage. We interviewed Chris Bentley, who was what we would call an insider risk, in his own company. After a distinguished career in the US Marines, Chris went back to civilian life and eventually launched his own company, which did well for a while.


Andrew Seldon, Editor

When the market turned, however, the company was in a bad situation and Chris was caught in a bind. How was he to keep going when revenues could not support the company? The article tells the story of how he ‘made a plan’ and juggled investors’ money around to keep going until his conscience caught up with him.

The honesty Chris exhibits is quite refreshing in a country where fraud and crime is a daily norm, and he admits that while cooking the books, he was hoping for that one big deal that would sort things out. It did not arrive and Chris blew the whistle on himself.

The saddest part of Chris’ story is the people who lost along with him. In most instances, we hear about fraud and the sentence the perpetrator received, but we do not hear about the other people. In this story, the investors (who were all friends or acquaintances) lost money, but his wife and kids also bore the brunt as they lost everything without knowing what was happening.

An important comment he made during the interview, which is noted in the article, is that people can always get themselves stuck in a corner and feel there is no other way to move forward than to commit fraud. In their minds, they are simply keeping the wheels turning until things turn around or that big deal comes in (of course, there are also those who know they are criminals and make no excuses for it until they are caught).

Their fraud continues to grow until they are caught, or as in the case of Chris, turn themself in. In many cases, except with career criminals, these incidents can be avoided if people simply have a safe way to fail. This should obviously not be their first option, but when they are stuck and have no other options to try, companies must have a process allowing the individual to fail and find assistance. An honest approach like this may allow someone else to come up with a plan that can save the day; at the very least it will avoid criminal charges and a ruined reputation.

The story shows businesses, investors and entrepreneurs that the ‘win-at-all-cost’ approach is fine and a good motivator up to a point, but eventually there are no more options (legal ones anyway), and the decision to fail must be made. Nobody wants to fail, but there are worse outcomes.


Credit(s)




Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Highest increase in global cyberattacks in two years
Information Security News & Events
Check Point Global Research released new data on Q2 2024 cyber-attack trends, noting a 30% global increase in Q2 2024, with Africa experiencing the highest average weekly per organisation.

Read more...
The power of PKI and private sector innovation
Access Control & Identity Management News & Events Government and Parastatal (Industry)
At the recent ID4Africa 2025 Summit in Addis Ababa, the spotlight was firmly on building secure, inclusive, and scalable digital identity ecosystems for the African continent.

Read more...
Bosch Security renamed Keenfinity
News & Events
Globally renowned brands for video systems, access control and intrusion alarm systems, as well as communication systems, unite under the roof of the new company Keenfinity Group.

Read more...
2025 video surveillance market set for improved fortunes
News & Events Surveillance
Novaira Insights has unveiled its latest report, World Market for Video Surveillance Hardware and Software – 2025 Edition, forecasting a healthy growth rate of 8,1% until 2029, excluding China.

Read more...
Wialon announces integration with fleet maintenance and optimisation platform
News & Events Transport (Industry) Logistics (Industry)
Fleet management software platform integrates with a fleet maintenance and optimisation platform to support mutual customers for better workflows and deeper insights into fleet operations.

Read more...
DeepSneak deception
Information Security News & Events
Kaspersky Global Research & Analysis researchers have discovered a new malicious campaign which is distributing a Trojan through a fake DeepSeek-R1 Large Language Model (LLM) app for PCs.

Read more...
Almost 50% of companies choose to pay the ransom
News & Events Information Security
This year’s Sophos State of Ransomware 2025 report found that nearly 50% of companies paid the ransom to get their data back, the second-highest rate of ransom payment for ransom demands in six years.

Read more...
Value and industry insight
Securex South Africa Training & Education News & Events
Securex South Africa 2025, co-located with A-OSH EXPO, Facilities Management Expo, and Firexpo, drew thousands of security professionals from across the continent and beyond, offering a platform for networking, product discovery, and knowledge sharing.

Read more...
Gallagher Security achieves ISO 27001 recertification
News & Events Training & Education
Gallagher Security has successfully achieved certification to the updated ISO/IEC 27001:2022 standard for Information Security Management Systems (ISMS). This accomplishment builds on previous certifications and reflects a continued commitment to the highest standards of information security.

Read more...
Survey highlights cost of cyberdamage to industrial companies
Kaspersky Information Security News & Events
The majority of industrial organisations estimate their financial losses caused by cyberattacks to be over $1 million, while almost one in four report losses exceeding $5 million, and for some, it surpasses $10 million.

Read more...










While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.




© Technews Publishing (Pty) Ltd. | All Rights Reserved.