Counter-fraud

The world has changed dramatically in recent weeks as the Coronavirus impact starts to impact every day life in almost every country across the world. Governments have responded at different rates to the threat, with lockdowns, financial support to various degrees to businesses and consumers, and orders regarding essential vs non-essential goods.

https://tamebay.com/2020/04/forter-report-coronavirus-impact-e-commerce-fraud.html

Seismic changes in customer behavior are seeing machine learning solutions throw out false positives.

https://www.waterstechnology.com/trading-tools/7521751/ai-fraud-systems-frazzled-by-covid-19

GTS SOLUTIONS, a social enterprise headquartered in Edinburgh, has partnered with Swiss-based Lucy Security to offer free cyber security training designed to make businesses more resilient against fraud during the coronavirus crisis.

https://www.heraldscotland.com/business_hq/18341279.coronavirus-scotland-edinburgh-social-enterprise-offers-free-anti-fraud-training/?ref=twtrec

The spread of Coronavirus (COVID-19) has completely changed the manner by which people in every country are able to live their lives. As individuals around the world begin to shelter, what does this mean for global commerce trends and how is ecommerce fraud changing during this period? Forter‘s latest report reveals all

https://tamebay.com/2020/03/forter-report-coronavirus-impact-ecommerce-fraud.html

Fraud investigations vary in size and scope. Some are resolved in a month while others can take years. All the work may be for nothing, though, if you are unable to effectively and impartially substantiate and communicate your findings to those in power. There are three pivotal stages that can lend a framework to your investigation and help ensure your findings are accepted.

https://www.acfe.com/fraud-examiner.aspx?id=4295010385&mkt_tok=eyJpIjoiT0RoaVltWmxNMlV3TnpBMyIsInQiOiI0VWRWZ3pWbGFCQjZpTWtLVFFBa3ZXeUptNHNlbFhQMDZWSWxNeDVXT0xRMnZTblwveFFVakVGcnJ1K2xVQzJ1VEhIdTBNUmNzUXJLdjFRRU5zREpraklOWHkzVXZqVk9KMmxYek45XC9OTGRXOGRMdzZ0a2NKbktJalFFTFNBaGtrIn0%3D#.XoELAOVriPM.twitter#.XoELAOVriPM.twitter

Distributed ledger technology certainly offers numerous benefits when it comes to payments security, but experts are adamant it won’t eliminate fraud altogether

https://www.raconteur.net/finance/blockchain-payment-fraud

Across the UK, the National Fraud Intelligence Bureau has reported a new trend in fraud and cybercrime related to the Coronavirus.

Nearly £1 million has been stolen in coronavirus related scams since the start of February, it has been revealed.

https://www.shropshirestar.com/news/crime/2020/03/25/west-mercia-police-warning-as-nearly-1-million-taken-in-coronavirus-scams/

Claims management giant Sedgwick has recorded higher claims fraud savings for its clients in the UK in 2019, both in terms of volume and value.

https://www.insurancebusinessmag.com/uk/news/breaking-news/sedgwick-boosts-claims-fraud-savings-218138.aspx#disqus_thread

UK police prevented over £31m in mainly fraudulent activity last year, according to UK Finance.