Technology Might Finally Cause the ‘Great Disruption’

/
Technology Might Finally Cause the ‘Great Disruption’

Relax. If you’re a fraud examiner, machine learning probably won’t eliminate your job. Probably. “In terms of your own career, the best advice I can give is to avoid doing something that’s routine and repetitive; you want to be good at something that involves engaging other people or something that involves creativity,” said Martin Ford, the Monday lunch keynoter. Ford is a futurist and author of The New York Times best-seller “Rise of the Robots: Technology and the Threat of a Jobless Future.” 

Read More

Financial Fraud Investigations for High-Profile Clients

/
Financial Fraud Investigations for High-Profile Clients

Earlier this year I read a short article in Barron’s about why we should all care about Tim Duncan’s fraud case. I know I care because I am a devout San Antonio Spurs fan and love Timmy about as much as I love Pete Sampras. Which, trust me, is a lot.

The fraud may not have even been discovered if not for Duncan's divorce in 2013.

Read More

Social Engineering Expert Advises to Verify Before Trusting

/
Social Engineering Expert Advises to Verify Before Trusting

“Practically all of the companies and governmental entities represented in this room are potential targets of interest to us,” Peter Warmka, CFE, CPP, director of business intelligence at Strategic Risk Management LLC, told the room full of conference attendees in his Monday-morning session. “We consider ourselves masters in social engineering. We can manipulate you.” Warmka was impersonating the mindset of a fraudster on the hunt for a vulnerable target, and the effect was enough to grab the attention of the audience. 

Read More

How to Lead the Multigenerational Team

/
How to Lead the Multigenerational Team

According to Jeremy Clopton, if you are asking yourself how to deal with millennials or what to do with baby boomers in the workplace, you are asking the wrong questions. “The worst thing you can possibly do is say how do I manage 'the millennials,'” Clopton said. “You don’t have a millennial or a boomer; you have an employee.”

Read More

Heard in the Halls: The Future of the Anti-Fraud Profession

/
Heard in the Halls: The Future of the Anti-Fraud Profession

"People didn't think about fraud before; there was a small subculture that considered the risks associated with different industries. Now as it has progressed, more and more clients, individuals and organizations are asking the questions: what are we doing to prevent fraud? What are we doing to mitigate risk in the long term? So now you've got organizations working together to mitigate risks in order to protect their clients and customers." — Mike Chism, CFE, SIU Manager, Cigna

Read More

Sir Rob Wainwright Encourages ‘Powering Up’ Information, Intelligence Sharing

/
Sir Rob Wainwright Encourages ‘Powering Up’ Information, Intelligence Sharing

Europe is losing the fight against dirty money, said the former executive director of Europol, but it could make great strides if all law enforcement and investigative sectors “power up their cooperation” in information sharing and intelligence across all borders. During the Monday Opening Session Sir Rob Wainwright received the 2018 Cressey Award for a lifetime in achievement in the detection and deterrence of fraud. (Wainwright was recently awarded a Knighthood by the Queen in the Birthday Honours List for service to the U.K.)

Read More