Using data to fight fraud fire with fire
By 
Martin Woods2020-07-21T13:42:00
When it comes to ferreting out and thwarting fraud, one must think like the fraudster, advises financial crime expert Martin Woods, who offers tips on using data to make your firm a hostile environment for bad actors.
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
ArticleRecordkeeping among a compliance officer’s greatest allies
Martin Woods writes how a recent case in the United Kingdom should remind us of the importance of our own communications and recordkeeping—especially during a time where it has perhaps never been more important.
-
ArticleNew survey highlights internal audit’s vital role in fraud risk management
The more internal audit plays a key role in the strategic management of fraud, the more effective and robust organizations’ fraud risk management processes seem to be, according to the results of a recent Kroll/IIA survey.
-
ArticleU.K.’s Russia report underscores need to question big money
The U.K.’s long-awaited report on Russian interference in the country stresses the importance for big money to be subject to enhanced levels of due diligence, writes financial crime expert Martin Woods.
More from Opinion
-
ArticleQ&A with LKQ’s sustainability director Marta Pericoli on AI for global ESG compliance demands
AI and sustainability reporting are rapidly developing themes globally. Both are escalating in importance and complexity. How can one support the other, and how do you keep up with the compliance requirements of both – while ensuring you do not fall victim to AI mistakes?
-
OpinionTime to end 'desktop compliance' in public procurement in Latin America
Global corporate compliance has reached an inflection point. For years, multinational corporations have based their Third-Party Risk Management programs in Latin America on standardized questionnaires and certificates issued by local governments.
-
OpinionThe third party you forgot to vet: AI tools and the TPRM blind spot in manufacturing
AI tools are arriving through the back door of enterprise software — no contract, no due diligence, no TPRM trigger — and most manufacturing compliance functions have no idea they are already inside.