How CIAs Use Data Analytics in Fraud Detection As organizations continue to ride the wave of digital transformation, they also face an increasing trend in fraudulent incidents. To help businesses maintain their security posture and stay proactive in dealing with evolving threats, data analytics is an important tool that carries the ability to make informed […]
Cyberthreats have gotten more complicated and prevalent in today’s digital environment. To properly tackle these dangers, specialized expertise is required, which CFEs possess uniquely. CFEs use advanced data analysis techniques that allow them to monitor real-time transactions. Large datasets can be analyzed to discover transactions that are suspicious or have abnormal patterns or anomalies (which […]
Certified fraud examiners are highly trained professionals with a wealth of knowledge and skills that can be proven vital against the increasing cybercrimes. Cybersecurity teams can leverage the skills of CFEs as part of their investigative techniques to stay proactive in dealing with the most cutting-edge threats and maintain regulatory compliance. A certified fraud examiner […]
The future of fraud examination and cybersecurity is tied to each other and is significantly influenced by evolving technology. These future trends are dynamic in nature, emphasizing the need for adaptability and continuation. This is why it is important to understand the nature of ever-evolving threats so organizations are better equipped to protect against cyberfrauds. […]
Why Fraud Prevention is Critical for Financial Services A report by Cybersecurity Ventures highlights that the damage caused by cyberattacks in 2021 alone was $6 trillion in the financial sector, observing an almost 500% increase from 2019. As the financial sector is the backbone of any country, this staggering figure presses on the significant loss […]