Risk Management, Fraud & Valuation

Dec 13, 2024, 00:00 AM by Jessica Barboza

Cybercriminals are increasingly deploying generative AI tools in their efforts at ransomware and fraud, Moody’s Ratings said.

Dec 13, 2024, 00:00 AM by Jessica Barboza

Data from an annual analysis shows most people perceive their environment to be riskier this year.

Dec 13, 2024, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting risk management and fraud news items from around the web.

Nov 22, 2024, 00:00 AM by Jessica Barboza

Generative AI’s ability to create synthetic identities is likely resulting in rising fraud, particularly in the use of credit cards, bank cards and the issuance of U.S. auto loans.

Nov 22, 2024, 00:00 AM by Jessica Barboza

As cyber criminals continue to adapt their techniques to find new ways through defenses, AI-assisted fraud is growing increasingly sophisticated and frequent, as evidenced by a new report. The findings reveal a deepfake attack happened every five minutes in 2024, while digital document forgeries increased 244% year-over-year.

Nov 22, 2024, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting risk management and fraud news items from around the web.

Nov 21, 2024, 00:00 AM by Jessica Salerno Shumaker

As fraud risks continue to evolve, often the approaches we need to take to fight fraud evolve as well.

Nov 8, 2024, 00:00 AM by Jessica Barboza

The cybersecurity skills gap continues to widen, with serious consequences for organizations worldwide. According to IBM’s 2024 Cost Of A Data Breach Report, more than half of breached organizations now face severe security staffing shortages, a whopping 26.2% increase from the previous year.

Nov 8, 2024, 00:00 AM by Jessica Barboza

Commercial insurance rate increases slowed slightly in most major coverage lines in October, and rate decreases accelerated in workers compensation, according to a report from Ivans Insurance Services, a unit of Applied Systems Inc.

Nov 8, 2024, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting risk management and fraud news items from around the web.

Oct 25, 2024, 00:00 AM by Jessica Barboza

In JPMorgan Chase’s most recent earnings call, CEO Jamie Dimon discussed how his company has been monitoring current geopolitical threats that could affect the global economy. He warns that although the U.S. economy has appeared resilient, the largest U.S. bank is preparing for all possible outcomes and economic conditions.

Oct 25, 2024, 00:00 AM by Jessica Barboza

Machine learning AI helped the US Treasury Department to sift through massive amounts of data and recover $1 billion worth of check fraud in fiscal 2024 alone, according to new estimates. That’s nearly triple what the Treasury recovered in the prior fiscal year.

Oct 25, 2024, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting risk management and fraud news items from around the web.

Oct 11, 2024, 00:00 AM by Jessica Barboza

Unsafe security practices were analyzed in a recent report by software company Ivanti.

Oct 11, 2024, 00:00 AM by Jessica Barboza

On September 23, 2024, the U.S. Department of Justice (DOJ) updated its Evaluation of Corporate Compliance Programs (ECCP) guidance. First published in 2017, the ECCP sets out factors that DOJ Criminal Division prosecutors will consider when evaluating the compliance program of a company facing a criminal enforcement action.

Oct 11, 2024, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting risk management and fraud news items from around the web.

Oct 10, 2024, 00:00 AM by Jessica Salerno Shumaker

Occupational fraud can be a serious threat to a business.

Sep 27, 2024, 00:00 AM by Jessica Barboza

CFOs are no strangers to risk management, but as the finance chief’s position morphs into that of a strategic leader, such competencies have become more sought-after.

Sep 27, 2024, 00:00 AM by Jessica Barboza

Any data relating to a company on the dark web significantly increases that organization’s risk of suffering a cyberattack, according to a study by Marsh McLennan’s Cyber Risk Intelligence Center.

Sep 27, 2024, 00:00 AM by Jessica Barboza

In case you missed them, here are some recent interesting risk management and fraud news items from around the web.