Rapid Internal Fraud Investigation and Corporate Risk Detection
Introducing ‘Fraud Analysis and Corporate Threat’ aka FACT360.
FACT360 offers a pre and post threat solution that rapidly crunches email, text file and phone call meta data (when available) to trigger unusual patterns of behaviour that can go unnoticed to the human eye.
Post Fraud: These triggers allow investigators to delve deeper into ‘points in time’ that lead up to the fraud taking place, rapidly expediting the investigation process and providing critical evidence to improve conviction rates.
Pre Fraud: Triggers unusual behaviour patterns that left unattended, can results in white collar crime such as, theft of financials or IP, copyright infringement, forgery, bribery, embezzlement, sabotage, investment scams, insider trading, money laundering, database and identity theft, money laundering or forgery.
One of the biggest challenges to fraud investigation and insider threat is that organisations do not know when the fraud began, who may have been involved or where the fraud occurred, making it hard to know what data to look for.
The sheer volume of data and the unknowns makes the gathering of evidence that lead to the fraud difficult if not importance to achieve, hence taking months or years to investigate.
Other fraud detection software is used to detect high-risk transactions, good/bad customers, accounting inconsistencies etc. Whereas, FACT360 provides a missing piece of the fraud investigation process by examining the behaviours that lead to the fraudulent activity, providing critical evidence for any potential conviction.