Internal audit departments are not often thought of as consumers of high impact analytics. But our recent experience suggests otherwise. Many are working on improving their procurement integrity and in these scenarios they want to detect — and stop — fraud, loss, abuse or waste in procurement.
Back in 2013, Central Hudson Gas & Electric detected an intrusion in its systems. It immediately took steps to alert its customers to the possibility that their auto-pay bank account information may have been accessed. Because of the urgency of the situation, the company decided to use an automated telephone