The transition to a technology-led approach for enhanced integrity

“Finding a needle in a haystack” seems to be apt to describe the role of a forensic investigator or compliance professional. Over time, fraud, bribery and corruption risks have turned sophisticated, perpetrators have become smarter, and data in the form of bits and bytes has become central to unearthing critical evidence, transforming the “haystack” into … More The transition to a technology-led approach for enhanced integrity

Can Blockchain adoption be a silver bullet in fraud detection?

India Inc’s growth continues to be dominated by digital transformation strategies. Today, new-age technologies can offer limitless possibilities to improve business processes, becoming pivotal across different departments and service lines. According to EY’s Global Forensic Data Analytics Survey 2018, the use of emerging technologies will continue to see an uptick in the coming year. The … More Can Blockchain adoption be a silver bullet in fraud detection?

Emerging markets conundrum – Does growth equal risk?

Emerging market countries have seen unbridled development over the last couple of years. They’ve transformed into economic powerhouses to accelerate global growth. High investor returns, rapid industrialization, multiple international trade agreements and pacts, substantial labor pools, job opportunities and untapped resources in these markets have made them frontrunners in generating business opportunities.

Combating fraud risks in a competitive environment

India has witnessed a positive growth trajectory, becoming one of the fastest growing emerging economies in the world. The World Bank’s Ease of Doing Business Report 2018 also shows that the ranking is up by 30 places (100 from 130) and made it to the top 100 nations list. Additionally, the government and the regulatory … More Combating fraud risks in a competitive environment

Understanding risk vectors: an emerging markets perspective

Emerging markets have experienced significant change and burgeoning development over the last five years, becoming economic powerhouses and stimulating global growth. However, changing regulations and increased enforcement are altering the risk landscape. Organizations must face these challenges head-on: while emerging markets offer immense promise and abundant opportunities, the ever-present risks of fraud, bribery and corruption … More Understanding risk vectors: an emerging markets perspective

Rethink your ethics strategy: Int’l Fraud Awareness Week 2018

Today, most emerging markets are battling volatility as a result of trade wars, inflation, fluctuations in currency and oil prices, fears around the stock market and geopolitical instability. Economic development continues to see an uptick but a sense of caution still prevails. The current risk scenario is almost a test of resilience for many global … More Rethink your ethics strategy: Int’l Fraud Awareness Week 2018

Fraud, bribery and corruption continues to be a global threat: EY Global Fraud Survey

Increased enforcement action, changing regulations and adoption of new technologies has transformed the risk landscape, leading to increased vulnerabilities. EY’s 15th Global Fraud Survey 2018, Integrity in the spotlight – The future of compliance stated that despite rising global enforcement, fraud and corruption continue to be one of the greatest threats to businesses worldwide. While … More Fraud, bribery and corruption continues to be a global threat: EY Global Fraud Survey

Advanced Forensic Data Analytics instrumental to address data protection, privacy risks

Digital transformation has been a key enabler for accelerated business growth in India Inc. However, it has also augmented risks related to data protection, data privacy and cybercrime. EY’s Global Forensic Data Analytics Survey 2018 titled ‘How can you disrupt risk in an era of digital transformation?’ has underlined that organizations should harness the power … More Advanced Forensic Data Analytics instrumental to address data protection, privacy risks

Demystifying the implications of France’s SAPIN II for emerging markets

In a multi-jurisdictional and cross border environment, it is imperative for nations across the globe to strengthen their stance on anti-corruption by improved regulations to mitigate risks. In line with this, France enacted the amended SAPIN II law to combat bribery and corruption in mid-2017. The Act aims at boosting France’s competitiveness in matters related … More Demystifying the implications of France’s SAPIN II for emerging markets