Idea Mapping for Investigations

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Idea Mapping for Investigations

When we learn a new skill, there is typically a lag between what we learn contextually (i.e. from school) and how we can apply that knowledge to a real-world situation. Data analytics is no different. There is no clearer example of this than the use of analytics in an investigation, especially in a proactive fraud analysis. In that spirit, let’s dig in to the process of idea mapping. Hopefully this will help your plan come together, or identify weaknesses in the plan early so they can be caught and fixed.

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A Special Agent’s Cautionary Tale: Analytics Are Crucial to Your Investigation

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A Special Agent’s Cautionary Tale: Analytics Are Crucial to Your Investigation

Presently, Erik Halvorson is assigned as part of a nationwide team that uses analytics to identify and support investigations with top federal employees. During these past nine years of learning, Halvorson has come to rely on three steps that consistently pay off. The three steps are idea mapping, visualizations and statistical analyses. They are how he generally organizes his initial review when he’s beginning a potential project.

But he didn’t always follow these three steps. Here’s the story of how he came to rely on them for his fraud investigations.

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Creating a United Front Against Fraudsters

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Creating a United Front Against Fraudsters

Red Rover is a popular children’s game in many English-speaking countries. Kids clasp hands, standing side-by-side to form two lines, each facing the other. One team taunts their rivals, “Red Rover, Red Rover send Chris right over!” Chris rushes the opposing line, trying to break the human chain. Imagine your bank as one team and fraudsters as the opposition. Would the bank hold strong? Or would the fraudster burst through?

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3 Companies Developing State-of-the-Art Blockchain Analytics Tools

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3 Companies Developing State-of-the-Art Blockchain Analytics Tools

A few months ago, new global regulations were recommended by the Financial Action Task Force (FATF) to help prevent and deter terrorists and criminals from using cryptocurrencies. However, it will take some time before countries adopt these regulations and have proper prevention and compliance programs in place. In the meantime, numerous firms that specialize in blockchain analytics have created software with the focus of preventing, detecting and investigating cryptocurrencies used for terror financing, money laundering, fraud and compliance violations. Here are three firms who should be on your radar because of the fascinating and groundbreaking work they are doing in the world of blockchain analytics.

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The Future of Anti-Fraud Technology

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The Future of Anti-Fraud Technology

Technological advancements present opportunities for both fraud perpetrators and those trying to stop them. As criminals find new ways to exploit technology to commit their schemes and target new potential victims, anti-fraud professionals must ensure they are likewise adopting new technologies that are the most effective in navigating the evolving threat landscape.

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