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Technology

The role of technology has become more important today than ever before. The Anti-Fraud Collaboration’s Fraud and Emerging Technologies series spotlights drivers of innovation and major disruptors that are redefining the future of financial reporting, audit, and risk management. As the number of emerging technologies are ever increasing, this series aims to home in on key technological developments that are most relevant to the financial reporting ecosystem.

The global average total cost of a data breach in 2020 was $3.86 million.

IBM's 2020 Cost of a Data Breach Report

The Anti-Fraud Collaboration explores the role of new technology in fraud perpetration and fraud detection while highlighting the associated risks and other considerations. Our Fraud and Emerging Technologies Series spotlights drivers of innovation and major disruptors that are redefining the future of financial reporting, audit, and risk management. As the list of emerging technologies are ever increasing, this series aims to home in on key technological developments that are most relevant to the financial reporting ecosystem.

Discover how the tools to fight fraud have evolved below:

Fraud and Emerging Tech: Artificial Intelligence and Machine Learning

Fraud and Emerging Tech: Artificial Intelligence and Machine Learning

Artificial intelligence (AI) has become one of the fastest-growing priorities for many companies in the digital era and, consequently, will have a wide-ranging impact on businesses across the globe. This post, part of an emerging technology series from the Anti-Fraud...

Fraud and Emerging Tech: Cybercrime on the Rise during COVID-19

Fraud and Emerging Tech: Cybercrime on the Rise during COVID-19

Despite numerous other challenges faced by companies during one of the most disruptive times in recent decades, cybersecurity remains top of mind for businesses as they respond to the COVID-19 pandemic. This post, part of an emerging technology series from the...

Fraud and Emerging Tech: Blockchain

Fraud and Emerging Tech: Blockchain

By Lucy Wang, CFE, Senior Technical Manager of Anti-Fraud One of the biggest disruptors in digital innovation, blockchain is redefining the future of financial reporting, audit, and risk management. This post, part of an emerging technology series from the Anti-Fraud...

Fraud and Emerging Tech: Robotic Process Automation

Fraud and Emerging Tech: Robotic Process Automation

RPA adoption is becoming more common among companies who want to increase efficiency and automate low-value, repetitive tasks. But when adopting RPA, companies that are aiming to maximize their investment should also keep in mind RPA’s impact on fraud risk and the...