Today’s attackers use automation and AI to behave like legitimate customers, while real customers absorb the friction.

Internal controls are defined broadly as the measures an organization takes to protect life and property. Ranging from physical security and access controls to rules of conduct and procedure, internal ...

Mitek Systems Inc., provider of remote deposit capture and fraud-prevention technology, says revenue for fiscal 2022 grew 20% to $143.9 million from fiscal 2021’s $119.8 million. Much of the growth ...

More than 11 percent of workplace frauds involve payroll, the average loss of such fraud was $48,000 and average schemes escaped detection for nearly 36 months, according to a 2012 study by the ...

Many leaders of organizations treat internal controls as a tedious task that sits at the bottom of their to-do list, and, because just about no one ever gets to the bottom of their to-do list, often ...

Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Vivek Yadav, an engineering manager from ...

Payment fraud is a fast-growing business threat, according to the 2024 AFP Payments and Control Survey Report. In 2023, for example, an alarming 80% of surveyed organizations were hit by actual or ...

State lawmakers are proposing an expansion of Minnesota’s Medicaid fraud control unit and tougher penalties for health- and elder-care providers who bilk taxpayer money. Minnesota Attorney General ...

The United States House Committee on Oversight and Government Reform will hold a hearing on Wednesday morning in Washington, ...

Pennsylvania's Medicaid Fraud Control Section is ranked first in the country in the number of fraud charges filed against individuals last year and third overall in convictions secured.Video above: ...

BISMARCK — North Dakota Attorney General Drew Wrigley is proposing increased staffing of the state’s recently created Medicaid Fraud Control Unit, which has recouped more money than its budget. The ...