In today’s connected business environment, all organizations are subject to fraud. Large-scale frauds have led to the downfall of entire organizations, massive investment losses, significant legal costs and erosion of confidence in capital markets. As organizations conduct more business online, internet fraud poses more of a threat, as it is unpredictable and usually does not follow a consistent pattern.
Organizations have traditionally enforced detective process controls, preventive measures and internal audits to prevent fraud. With modern advanced analytical techniques currently available to effectively and efficiently detect fraudulent activity, we can build advanced models that can identify anomalies, trends and risk indicators in an organization. Our systems help organizations audit all types of transactions, continuously or in real-time, allowing management and auditing teams to identify and report fraudulent activity more rapidly.