antifraud – Page 3 – Fraud Doctor

Personalized Statistical Fraud Risk Report

January 18, 2015September 17, 2015Fraud Doctor

The objective of the report is to provide a tool for management to adequately create a strategy to mitigate, avoid, accept, or transfer fraud risk. A detailed set of analysis is performed so as to be a roadmap for management to take action to address the risk for fraud by providing:

* Visibility into the organization’s fraud risk;

* An understanding of fraud risk by department and scheme;

* Prioritization of antifraud efforts;

* Ability to quantify impact and likelihood for COSO Enterprise Risk Management (ERM); and

* Benchmark for Key Risk Indicators (KRIs).

Social Engineering (CBT)

December 20, 2014Fraud Doctor

Social engineers get useful information from unsuspecting people and use it in potentially nefarious ways. Simple conversations provide the opportunity for the social engineer to get seemingly benign information from individuals over the course of one or many encounters. That information can then be combined with other open source information to then provide the social engineer with everything they need to carry out an attack on a system, enter a secure building, or any number of applications that could cause harm to your organization. Protect your employees by educating them about the direct implications this can have on your company. Teach them what to look for so they can avoid… Read More

New Benford’s Law Model

October 30, 2014Fraud Doctor

We have developed a new model for Benford’s Law analysis. You can analyze naturally occurring numbers (e.g. transaction level data) to see if the actual distributions conform to Benford’s Law. Under certain conditions, deviations from Benford’s could indicate the possibility of human manipulation, i.e. fraud. Therefore, those results would require additional scrutiny. This analysis provides a direction of inquiry. This is a model for Benford’s Law analysis built in MS Excel which calculates graphical and tabular results for the following tests:

Training in Tanzania, Africa

March 4, 2014March 5, 2014Fraud Doctor

I had the pleasure of teaching a three and a half day antifraud seminar at the Serena resort in Dar es Salaam, Tanzania, Africa. Participants included C-Suite, management from Legal, Banking Services, Internal Controls, and Global Corporate Audit departments from many countries across the continent. Topics included:

Fraud Magazine

December 30, 2013Fraud Doctor

The January/February 2014 edition of Fraud Magazine was just released. I am quoted on page 63 as an excerpt from an interview I gave in Las Vegas, NV at the annual ACFE conference this past June.

Hospital Analogy for the Global Antifraud Program

October 25, 2013October 25, 2013Fraud Doctor

I created this short video for a company to illustrate both the components and status of the Global Antifraud Program. It was shown at the beginning of the meeting to facilitate the conversation about the program. (2013 Copyright Fraud-Doctor.com) [wpvideo 5jxBReaH] (4:42) Global Antifraud Program OBJECTIVE: To manage the fraud risk. GOALS: Prevention, Detection and Deterrence. COMPONENTS: Governance, Fraud Awareness Training, Fraud Risk Assessment, Investigations, and Continuous Monitoring.

Fraud Training Topics – What is on your mind?

June 14, 2012June 14, 2012Fraud Doctor

Fraud Training Topics – What is on your mind? I am in the process of designing training related to antifraud measures, forensic accounting, data analysis, and fraud investigation. What training are you currently taking now? Are you satisfied with your current fraud training? What do you need in terms of fraud training in order to be successful at your job? What fraud topics are you interested in? What is your wishlist for fraud training?

Employment Background Screenings and the New EEOC Guidelines

May 27, 2012Fraud Doctor

Employment Background Screenings and the New EEOC Guidelines The U.S. Equal Employment Opportunity Commission (EEOC) is tasked with preventing workplace discrimination. Under Title VII, employment discrimination is prohibited based on race, color, religion, sex, or national origin. Under the new guidelines (“New EEOC Guidelines…”, 2012) issued in April, an employer may potentially avoid Title VII discrimination with an Individual Assessment. Prior criminal conduct can exclude an applicant from employment consideration if the following conditions are met:

Does your organization currently have an in-house Antifraud Program?

May 6, 2012Fraud Doctor

[polldaddy poll=6204129] ____________ What is your company’s risk for fraud? Do you have a pulse on the financial health of your company? Get your FRAUD Check-up today! Request a free consultation.