The Knowledge Exchange / Risk Management / Fraud & Security Intelligence

Fraud & Security Intelligence

Too big to fail

The digital age has a dark side – cybercrime


Check out this telling infographic about bank’s responses to cybercrime. It highlights some key findings from a survey of 250 banking executives. The report looks at cyber security challenges and opportunities as they relate to banks.

All Fraud & Security Intelligence Stories

Technology is the key to helping prisons fulfill their duty of care


Being able to use systems to contribute to and quickly gather information about each prisoner is crucial to providing a duty of care to them as well as staff and the wider community.


Spend less, do more


Four years ago The Economist wrote a story about how messy IT systems at financial service organizations were a likely factor in the financial crisis. Sadly, much of what was written then is still true today. Financial institutions still struggle with data management.

Tagged , ,

Data visualization – Helping agencies see the big picture of crime

data visualization

Law enforcement agencies need to track the complex, fast changing criminal networks and relationships, while spotting trends and interpreting visual patterns. Data visualization technology allows agencies to explore and find answers to key questions quickly and efficiently.


Q&A: Jen Dunham on cybersecurity

Jen Dunham

Over the last 22 years, Jen Dunham has held a TSSCI security clearance with numerous agencies supporting organizations such as FBI, DEA, NSA, CIA, NCTC, State Department, DOE, and state and local law enforcement. In this video, Dunham talks about today’s cybersecurity challenges and her ideas for addressing them.


Four tips for mitigating risk of cyber crime


A data breach can lead to terrible consequences for you and your customers. Despite the risks, some firms still view cyber crimes as random events. Russell Walker gives four tips for mitigating the risk of cyber crime.


Comply with FATCA now – but think to the future!

Men in business suits data

In 2010, US legislators estimated that the Treasury loses as much as $100 billion annually to offshore tax non-compliance. Their response was to pass the Foreign Account Tax Compliance Act (FATCA). And the US response may only be the beginning. How do you get a handle on the information you need to be compliant?


Using social media to tackle crime

Social media threat 2

Social media channels were once seen as a quick and easy way to communicate. Today, they can be a powerful channel for active group psychology – powerful enough to overthrow governments. Law enforcement agencies can no long stand on the sidelines – but how do you sift the useful information from the mundane chatter?

Tagged ,

New payment methods fuel cyber-attacks

terrorist financing

New payment methods (NPMs) are fueling a rush of cyber-attacks across the world, so collaboration between law enforcement and financial institutions is critical to protecting consumers’ money. Ellen Joyner discusses the latest research from Javelin Strategy & Research and Juniper Research, and provides best practices for arming your organization while protecting your customer relationships.

Tagged ,

Seven questions you need to answer about your financial crime program

financial crimes

Jim Caldelmo says that banks need to apply analytics – the same powerful analytics platform used to track sales and marketing – to protect customers against financial crime. Caldelmo, Executive Director and Banking Secrecy Act Officer at Ally Financial, provides seven questions bankers should ask themselves to know if they have a solid financial crimes program.

Tagged , , ,

New digital risk models for tax and welfare agencies

preventing tax fraud

Annually, more than US$3.1 trillion is lost to tax evasion and error. Digital technologies can help governments recover millions, even billions, of that money and prevent future losses.

Tagged , , ,