Tagged: employee fraud and data analytics

Fraud Detection: New Technologies and Analytics (Part II of III)

Fraud Detection: New Technologies and Analytics (Part II of III)

The battle against fraud is evolving and technology is providing new and important tools to detect and prevent fraud. Companies are using a variety of techniques and include: continuous monitoring; email monitoring; anomaly detection; pattern recognition and artificial intelligence. Data mining and statistical analysis can be helpful in detecting fraud.  By using sophisticated data mining tools, companies can search millions of transactions to spot patterns...