Insurance fraud is a systemic problem that costs billions of dollars every year and impacts regulators, insurers, and consumers. It is not merely a passing fad. Rich Gibson, the American Academy of ...

On Aug. 19, 2024, the FBI issued a press release announcing the launch of a new national awareness campaign called “Take a Beat.” According to the FBI’s latest Internet Crime Complaint Center (IC3) ...

Identifying and assessing the risks of material misstatement due to fraud are among the most challenging aspects of auditing in recent years, according to outreach conducted by the AICPA Auditing ...

During the pandemic, fraud skyrocketed as government agencies attempted to get critical funds quickly out the door to people in need. Domestic and international crime rings took advantage of outdated ...

While criminals often see insurance as a highly lucrative target, cases involving premeditated murder to benefit from an insurance payout are not that common, according to Jean van Niekerk, convenor ...

Payments risk management has evolved significantly, shifting from simple rules-based systems to sophisticated machine learning (ML) models that enable businesses to better detect and mitigate fraud.

Technology has supercharged age-old fraud. AI makes deception virtually indistinguishable from reality, crypto enables anonymous theft, and the remote-work era expands opportunities to trick people.