FRAUD & SECURITY INSIGHTS
Protect your data, protect your customers
Recent Fraud & Security articles
- Analytics can help prevent substance use disorder and over-prescribingStates and MFCUs now have the analytics tools they need to change the trajectory of the opioid crisis by analyzing data and predicting trouble spots – whether in patients, prescribers, distributors or manufacturers. The OIG Toolkit with free SAS® programming code makes that possible.
- 4 strategies that will change your approach to fraud detectionTechnology advances are giving financial institutions a better arsenal than ever for fraud detection. Take a look at four ways to turbocharge your defenses.
- Proactive detection – A new approach to counter terrorTo counter terror, investigative teams can better utilize the data they already have by applying a fresh approach with these steps to proactive detection.
- Stop contract and procurement fraudFraud affects an estimated 30 percent of organizations' procurement processes. Beyond business rules and anomaly detection, analytics can detect and prevent fraud and preserve the integrity of the procurement process.
- 5 steps to sustainable GDPR complianceFollow these steps to achieve GDPR compliance by the May 2018 deadline – and get added benefits along the way.
- When it matters: Safeguarding your organization from the insideWith evolving threats, fraud detection technologies have to be flexible and nimble, and automated risk detection is a crucial component of decision advantage.
- Analytics for prescription drug monitoringPrescription drug monitoring programs (PDMPs) are a great start in combating abuse of prescription drugs, but they could be doing much more. Better data and analytics can inform better treatment protocols, provider education and policy decisions – and save lives.
- The online payment fraud stops hereBillions of dollars a year are lost to online payment fraud through channels that provide convenient – yet vulnerable – ways to shop and bank. See how to fight back and win with advanced analytics.
- A modern cybersecurity strategy: Building a budgetA cybersecurity strategy requires more than just executive support. Learn how IT can get the tools and training designed to protect you from modern threats.
- Five trends in fraud solutionsLeading financial firms are adopting fraud solutions that use Big Data, high-performance computing and hybrid analytics to more effectively detect threats as they emerge and to run more efficient investigations.
- Don’t let data management issues derail your insurance fraud analytics projectA few data management considerations for your insurance fraud analytics project can improve fraud detection rates, decrease false positives and lead to better investigation outcomes.
- Bridge the gap between financial crime analytics and investigationsHow to manage the escalating analytic demand required to run financial crime platforms.
- An executive perspective on risk and fraudHSBC's global risk COO on how the world’s second-largest bank uses data management, analytics and industry expertise to tackle financial crime and more.
- Online fraud: Increased threats in a real-time worldOnline and mobile banking is convenient for customers -- and an opportunity for fraudsters. With fraud methods constantly evolving, an analytical approach is a must for banks seeking early, accurate detection.
- Transaction monitoring: To segment or not?A typical anti-money laundering transaction monitoring program has scenarios that monitor the customers and accounts that pose the most risk. The fact is … this one-size-fits-all methodology isn’t very effective because customers transact differently based on many factors. So how do you incorporate that into your program?
- Putting an end to pay and chaseSophisticated technology-driven approaches can not only root out fraud in social benefits programs, but find it before payment is made. A proactive approach can reduce the 5 to 7 percent of government dollars that end up in fraudsters’ pockets.
- Fighting customs fraudHuge profits can be made by avoiding duty or importing illegal goods, so it’s no surprise this is a target for organized crime. To spot criminals, authorities must move from rules-based systems to automated technologies. And, automation will reduce costs, increase revenue and help bring more fraudsters to justice.
- How to prevent procurement fraudCriminals know that the data you need is scattered everywhere, which will make it hard for you to see them. To uncover these guys, you need to trade your manual defenses for a hybrid analytical approach.
- Five steps you can take to beef up cybersecurityAnyone with Internet access and programming skills can invade a country or bring down a corporation. Cybersecurity expert Ray Boisvert shares five actions organizations can take to defend against cyberattack.
- Data privacy can be used for evil, tooThe anonymity of digital currency transactions perfectly suits the criminal element. Are bitcoins and other cyber currencies a threat to our global financial system?
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