The Internal Revenue Service deals with billions of dollars in identity theft tax refund fraud every year. Anomaly detection powered by advanced analytics is helping to combat it. The Government ...

It is widely recognized that deceiving investors is the bread-and-butter of a Ponzi Scheme [1]. However, the term “investors” often conjures images of Shark Tank or Wall Street – and this is far from ...

I think what the DOJ is signaling here is that if they're interested in these cases, they'll pursue the right cases," said ...

A recent report from the Association of Certified Fraud Examiners estimates that occupational fraud costs almost $200,000 per incident. Unmonitored supply chains, underlying inventory assets, a host ...

In today's digital landscape, where transactions occur instantaneously, ensuring security has become a top priority for businesses. One innovative method gaining momentum in fraud detection is the use ...

CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced the launch of a groundbreaking new fraud detection product ...

Discover how predictive analytics uses data-driven models like decision trees and neural networks to forecast outcomes and ...

As digital fraud surges, many organizations respond the same way: They add more controls, more authentication, more reviews, more steps in the customer journey designed to keep bad actors out. It’s an ...

Editor’s note: This is the third article in a four-part series that is part of a larger initiative the AICPA Auditing Standards Board (ASB) has undertaken to understand and support technology use in ...