Cunningham Lindsey, a leading claims management company that specializes in fraud, not only uncovered an organized fraud ring but also established an efficient process for helping their insurance customers identify legitimate claims from the fraudulent ones. In this case study, find out how possible fraudulent claims were flagged, leading to the discovery of a criminal fraud.
The amount of money lost to fraud a year is staggering:globally, organisations lose 5% or $2.9 trillion in revenue annually. Today's fraud is committed on electronic networks at lightning speed by global rings of criminals, terrorists and insiders using sophisticated methods hidden in complex layers of transactional data. Download to find out how to empower analysts to search multiple data sources simultaneously to visualise transactions and timelines.
Fraud is significantly and evolving challenge for the financial industry, costing an estimated five to eight percent of revenues per annum. Companies had traditionally countered fraud with solutions that target known threats, however this 'rear-view-approach' can also fail to spot new and emerging attacks. In this whitepaper, we look at critical insights that aid in investigating complex incidents, whilst producing actionable visualisation. Click to download!
For industries with a full-time focus on fighting fraud, intelligence is invaluable. Whilst the annual cost of fraud is substantial and the benefits of reducing it are very real, we find that enterprises with proactive and predictive approaches to fighting fraud have a greater visibility and intelligence of possible fraud. Click to find out more.
Copyright 2013 IDG Communications. ABN 14 001 592 650. All rights reserved. Reproduction in whole or in part in any form or medium without express written permission of IDG Communications is prohibited.