To assist program managers with these efforts, the GAO developed this technical appendix, which supplements and complements ...

Reports show the U.S. loses between $233 billion and $521 billion annually to fraud, based on data from 2018-2022.

Organizations that approach fraud risk management as an element of operational excellence, rather than a compliance exercise, ...

The Enterprise Fraud Risk Assessment (Practice Note) has been developed by the Government Counter Fraud Profession (GCFP) Centre of Learning, operating out of the Public Sector Fraud Authority. It was ...

Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase in volume and complexity, banks require intelligent systems that can assess risk with ...

The Failure to Prevent Fraud (FTPF) offence will officially come into force as part of the Economic Crime and Corporate Transparency Act in September 2025. In a previous article, we explored the ...

The Committee of Sponsoring Organizations of the Treadway Commission (COSO), in partnership with the Association of Certified Fraud Examiners (ACFE), has introduced the COSO Fraud Risk Management ...

In 2023, traditional identity fraud cost banks, credit unions and financial institutions $23 billion, an increase of 13% from the year prior. New account fraud and account takeover fraud accounted for ...

As the debate on the Hill over the fate of the Affordable Care Act's premium tax credits rages on, a new report highlights the potential fraud risk tied to the subsidies. The Government Accountability ...

Identity and transaction fraud rise for the second consecutive year, CoreLogic reports The CoreLogic Mortgage Application Fraud Risk Index increased 8.3% nationwide over last year and increased by 1.1 ...

An uneven real estate cycle, rising fraud and faster transaction timelines are reshaping how underwriters assess defects and ...