By Amy L. Silvis; Editorial contributions by Pam Verick Stone, Director and Frank Wu, Managing Director
The most common approach to dealing with fraud today is a 'reactive' approach. However, companies are beginning to embrace measures to help pinpoint indicators of fraud before the act is carried to fruition. One of the most effective ways to monitor fraud and misconduct risk is through a combination of data analysis and data mining.
Launch Risk Brief
MP3 Download
Approximate Run Time: 15 minutes
CPE Credits: 0
Learning Objectives:
Topics covered, among others, include:
- Data mining vs. data analysis
- Important electronic data considerations
- Information Sources
- Incorporating data mining and analysis within the monitoring process
- Recognizing the electronic advantage