Civil liberties campaigners have previously criticised the Labour government for its use of AI in trying to counter fraud. The Cabinet Office says the £480m recovered in the 12 months from April 2024 ...

Some companies doing business with the Defense Department have opaque ownership structures that may conceal who owns, controls, or benefits from the company. The Government Accountability Office ...

The ‘Failure to Prevent Fraud’ law represents a major shift in corporate responsibility. It increases legal risk for ...

AUSTIN, Texas--(BUSINESS WIRE)--SpyCloud, the leader in account takeover and fraud prevention, announced today the launch of their new product, SpyCloud Identity Risk Engine, a transformative ...

The coronavirus pandemic has taught us all to be on high alert during a time of uncertainty. The key to managing this uncertainty is adaptability. All entities have been affected by the pandemic in ...

The internal risk assessment, completed in late 2021, also warned of rampant self-dealing, embezzlement, and potential indictment of executives. Infall 2021, members of ByteDance’s internal audit and ...

From 2017-2019, Congress appropriated approximately $39.5 billion in “Community Development Block Grant-Disaster Recovery” funds. The Government Accountability Office (GAO) says these funds may be at ...

On 1 September 2025, the Failure to Prevent Fraud offence will take effect under the Economic Crime and Corporate Transparency Act 2023, changing how UK financial institutions manage fraud risk. The ...

Linda Miller, formerly assistant director of forensic audits and investigative service at the Government Accountability Office, has been named a director at Grant Thornton‘s public sector fraud risk ...

Most of us believe we know fraud when we see it, but few of us feel comfortable actually defining the term “fraud.” First and foremost, fraud is a legal concept. Only a court of law can determine if ...

Did you know that online fraud is costing businesses $57.8 billion in a year? Fraudulent activities impact businesses beyond the cost of merchandise plus the additional fees related to shipping and ...