LearningCat: Fraud Risk Assessment

Predictive Analysis in Fraud Detection
Daily, enterprises are incurring substantial financial losses due to more sophisticated fraudsters. Conventional methods of preventing fraud are no longer effective. Implement predictive analytics in fraud detection. This is a significant advancement in preventing fraud proactively. It uses data, analytics, and machine learning to detect fraudulent activity preemptively. What’s Predictive Analysis Anyway? Predictive analysis is […]
Building a Fraud Risk Profile: The Key to Protecting Your Business
Fraudulence is all around. It can be a small scam or massive corporate dishonesty; businesses are at ever-present risk. But the question arises: how to protect the company from being a victim. That is why it is important to build a fraud risk profile. It can be related to the reference guide for detecting, analyzing, […]
Identifying Potential Fraud Risks
In the world of corporate affairs, if the fraud becomes undetected for several times, it will bring disastrous outcomes. Large-scale fraudulent schemes and financial frauds related to small scale can bring irreversible setbacks to a company, resulting in heavy fiscal losses, harm to the image of the organization, and legal penalties. To defend the company […]
Assessing the Likelihood and Impact of Fraud
Fraud. It’s everywhere. It’s messy, and it can cost you big. time—whether it’s in a business, an individual’s finances, or even your personal info. But here’s the thing: spotting fraud before it happens and understanding how bad it can get is key. And that’s what we’re going to break down in this blog: how to […]