Counter-fraud

Fraud, like the mythical Hydra of Ancient Greece, is a many-headed foe that is capable of disrupting society in a number of ways

https://www.raconteur.net/risk-management/fraud-destabilise-global-economies

Analytics, combined with machine learning and artificial intelligence (AI), now offers a viable solution that allows service providers to proactively combat fraud before it occurs

https://www.vanillaplus.com/2018/09/14/41873-ai-already-delivering-savings-fight-fraud/

Artificial intelligence and machine-learning are fast becoming essential weapons in the war on fraud

https://www.raconteur.net/risk-management/artificial-intelligence-fight-fraud

The Court of Appeal overturned a controversial ruling by the High Court from May 2017, which threatened to have significant implications for companies carrying out internal investigations.

https://www.lawyer-monthly.com/2018/09/enrc-wins-landmark-court-of-appeal-privilege-case-against-sfo/

While fraud may be a human problem, the right technology can help businesses and individuals fight back.

https://www.itproportal.com/features/old-tricks-for-new-targets/

Hailed as a tamper-proof public ledger, blockchain is a welcome weapon in the fight against fraud, but it is not the panacea some believe it to be

https://www.raconteur.net/risk-management/blockchain-fraud-prevention

The Right Honourable Dominic Grieve QC MP has been announced as the first patron of the independent fraud watchdog Fraud Advisory Panel.

https://www.fraudadvisorypanel.org/wp-content/uploads/2018/09/Press-release-new-patron-Final-07Sept18.pdf

One in ten adults have been victims of card or account fraud in the past year, losing a combined total of more than £2bn – a rise of almost 40% on the previous period – yet many are not taking basic steps to protect themselves.

http://www.heraldscotland.com/business_hq/16598870.never-use-public-wi-fi-or-shared-computers-to-access-banking-apps-or-make-payments/

Changes in the words we use and the ways we communicate may make it even trickier to ferret out financial malfeasance.

https://www.journalofaccountancy.com/issues/2018/aug/how-language-affects-fraud-risk.html

Fraud rates could be cut if more businesses were made aware of the options that can be explored before the civil courts to recover stolen assets

https://www.out-law.com/en/articles/2018/august/civil-asset-fraud-rates-raising-awareness/