Internal fraud can take place at any level of organization. Fraud costs $3.7 trillion each year and nearly 75 % of the banking fraud is internal (ACFE, 2016). Even if a bank successfully wards of attackers, there is always the risk of insiders abusing the precious information they hold.
Machine learning and artificial intelligence (AI) create $1 trillion of change in the financial services industry. Likewise, the impact of machine learning and AI on fraud detection and prevention is tremendous.
Internal fraud can take place at any level of organization. Fraud costs $3.7 trillion each year and nearly 75 % of the banking fraud is internal (ACFE, 2016). Even if a bank successfully wards of attackers, there is always the risk of insiders abusing the precious information they hold.
Machine learning and artificial intelligence (AI) create $1 trillion of change in the financial services industry. Likewise, the impact of machine learning and AI on fraud detection and prevention is tremendous.
Internal fraud can take place at any level of organization. Fraud costs $3.7 trillion each year and nearly 75 % of the banking fraud is internal (ACFE, 2016). Even if a bank successfully wards of attackers, there is always the risk of insiders abusing the precious information they hold.
Machine learning and artificial intelligence (AI) create $1 trillion of change in the financial services industry. Likewise, the impact of machine learning and AI on fraud detection and prevention is tremendous.
