dfm covers
 
 

Digital Forensics & The Fraud Triangle

Written by DFM Team


Digital Forensics & The Fraud Triangle

This feature article is all about how many forensic software applications predict fraud and corruption using heuristics based on the Fraud Triangle. This article will discuss some of the pitfalls of these algorithms, and what forensic software applications can do to improve accuracy.


A conviction for violating the Foreign Corrupt Practices Act (FCPA) carries severe consequences. Corporations as well as their offi cers, directors, stockholders and employees may be fi ned and imprisoned up to five years. In addition, convicted firms and associated stakeholders may be barred from doing business with the U.S. Federal Government. (United States Department of Justice) In the U.S. the FCPA bans bribing a government official to infl uence anyact or decision, and includes bribing an offi cial of a foreign government. In the UK, the Serious Fraud Offi ce (SFO) defines several types of corporate fraud. (Serious Fraud Office). The definitions span several “types” of fraud from corporate services, including false accounting, payments, travel, pay, allowances to gambling specifi c frauds like betting scams.




Find out more - subscribe to DFM today and read the full article. Or if you're a subscriber, login and read the article online.


 
 

Submit an Article

Call for Articles

We are keen to publish new articles from all aspects of digital forensics. Click to contact us with your completed article or article ideas.

Featured Book

Cyber Attack, Cyber Crime, Cyber Warfare - Cyber Complacency

Mark Osbourne's latest book covers all things Cyber. All proceeds from the book go to charity.

Meet the Authors

Andrew Harbison

Andrew Harbison is a Director and IT Forensics Lead at Grant Thornton

 

Coming up in the Next issue of Digital Forensics Magazine

Coming up in Issue 19 on sale from May 2014:


Big Data
Andrew Pimlott and his team at EY take a look at Big Bata risk, the creation of compliance data analytics dashboards, predictability fraud models that help predict fraud, cybercrime analytics and financial services analytics. Read More »

The Roboto Project
Jonathan Rajewski continues his look at Google Glass and the Forensic Analysis of this exciting new technology. The potential uses for this technology are significant and as such will have a plethora of artefacts for potential evidential purposes. Read More »

Subscribe today


Dental Biometrics
Aqsa Ajaz takes a look at Dental biometrics and investigates how it is is used in forensic odontology to identify individuals based on their dental characteristics. Read More »

Every Issue
Plus the usual Competition, Book Reviews, 360, IRQ, Legal

Click here to read more about the next issue