The pandemic has opened a Pandora’s box of global fraud. Faced with a seemingly endless onslaught of schemes and scams, anti-fraud pros have doubled down on analytics, finds the latest anti-fraud technology study by the Association of Certified Fraud Examiners (ACFE) and SAS.
Based on survey responses from nearly 900 ACFE members worldwide, the report illuminates how organizations across sectors are using technology to fight fraud. Notably:
- More than 40% of respondents reported accelerating their use of data analytics significantly (14%) or slightly (29%) amid the pandemic.
