According to the Association of Certified Fraud Examiners,
U.S. organizations lose an estimated 7 percent of annual
revenues to fraud. This percentage indicates a staggering
estimate of losses (around $994 billion) among organizations,
despite an increased emphasis on anti-fraud controls and recent
legislation to combat fraud.
Detecting, prioritizing, remediating and preventing fraudulent activity is not easy. Given the huge
volume of data involved, resource and process limitations have forced many organizations to rely on “pay-and-chase” strategies.
Recognizing the ultimate impact that fraud and
abuse have on such organizations, IBM has developed a sophisticated,
comprehensive strategy of both proactive and retrospective
fraud detection. Please join us for a discussion of this approach
and of the tools that can help organizations to implement it.
For presentation slide decks, please write to: ASCdc@us.ibm.com
James Parry Audio