Learn how continuous monitoring of suppliers can flag issues and help prevent supply chain disruptions.
Instances of cross-channel organized crimes and cyber-crime in banking, insurance and other sectors continue to rise across the globe. And, 2012 kicked off with the same, if not more momentum than 2011. Organized criminals are working harder than ever to keep the black market alive with ever-changing sophisticated crime schemes:
With regulations and organized crime increasing, company investigators are challenged more now than ever to manage cases that can involve merging information across the organization. This can include unstructured documents such as email and social media sources – relevant when integrated with other information on the case.
Skimming and phishing attacks are becoming more common, with fraudsters taking full advantage of technology to operate globally. In the last two weeks alone, there have been headline articles on fraud or security breaches almost every day in the Wall Street Journal. Then there was the recent posting on BankInfoSecurity.com
Almost every day there is a new story of account takeover or cyber criminals draining commercial bank accounts. This leaves banks in the very difficult situation of needing to provide stronger authentication and more sophisticated technology to help prevent similar attacks in the future. According to the Federal Financial Institutions
We all enjoy the opportunity to attend an informational conference once or twice a year. At least for me, it is an excellent opportunity to hear thought leaders and business executives discuss the latest trends and recent problems that have been solved with technology. It can also be an excellent
I’m amazed that so many financial institutions seem to hold fraud at a seemingly low priority. Fraud is often viewed as “the cost of doing business.” What if your view of fraud could be altered so that it became “the profit of doing business”? With the growth in new payment
Recently I was listening to an NPR (National Public Radio) documentary about the history of cancer and medicine’s evolution in understanding and treating cancer. This was an amazing story. I would venture a guess that nearly everyone who is reading this post has been affected by cancer in one way
Keeping track of day-to-day cases involving financial crimes spanning multiple business lines, departments, accounts, transactions and business objectives can be a daunting task for investigators and a risky one for the compliance department. The latest release of SAS Enterprise Case Management 2.3 is helping investigators manage and streamline the workflow
Every day I see news reports of financial organizations and consumers falling victim to yet another payment fraud scheme. Whether it is through a card, wire, online banking or another channel, fraudsters are becoming much more savvy in the way they attack. Financial organizations need to rethink their arsenal of