Top 5 Fraud Trends of 2024

Top 5 Fraud Trends of 2024

Detecting and preventing fraud is a daunting task that requires anti-fraud professionals to regularly adapt to a continuously evolving risk landscape. There are consistent factors in fraud, like social engineering tactics that exploit human behavioral tendencies or external financial pressures that lead fraudsters to commit their crimes, but there are also trends and themes that emerge and affect the anti-fraud profession on a more limited timeframe.

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Highlighting the Difference-Makers in the Black Anti-Fraud Experience

Highlighting the Difference-Makers in the Black Anti-Fraud Experience

February is Black History Month, a time when we celebrate the contributions and achievements of Black Americans throughout history. As we reflect on the past and present struggles of the Black community, it's important to highlight and support organizations that are actively working to make a difference.  

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Insights from the 2024 Anti-Fraud Technology Benchmarking Report

Insights from the 2024 Anti-Fraud Technology Benchmarking Report

The 2024 Anti-Fraud Technology Benchmarking Report, developed by the Association of Certified Fraud Examiners (ACFE) in partnership with SAS, highlights a significant trend in the fight against fraud. Drawing on survey data from nearly 1,200 ACFE members, this report underscores the growing interest and gradual adoption of generative artificial intelligence (AI) and machine learning (ML) in anti-fraud measures. 

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Delivered Wrongful Convictions: The U.K. Postal Scandal

Delivered Wrongful Convictions: The U.K. Postal Scandal

In one of the most significant miscarriages of justice in the history of the United Kingdom, more than 900 post office branch managers were wrongly accused of theft or fraud due to a flawed computer system called Horizon. This scandal, which unfolded between 1999 and 2015, has had profound consequences, including imprisonment, financial ruin and other tragic outcomes. 

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