International Fraud Awareness Week is observed every year to raise awareness and educate stakeholders on the repercussions of fraud. This year, “Fraud Week” is from 17-23 November 2019, and EY Forensic & Integrity Services along with the Association of Certified Fraud Examiners (ACFE) Mumbai Chapter are supporting the global cause. Held under the aegis of … More Promoting anti-fraud awareness during Fraud Week 2019
Rapid digitization, increased connectivity, new content delivery platforms and the consumption of on-demand video content have unlocked exponential value in the media and entertainment (M&E) industry. However, it has also become vulnerable to various risks including digital fraud, cyber breaches, phishing, spoofing, information leaks (including unreleased media content and original programming), data privacy, illegal streaming, piracy … More Raising the security bar around ‘content’
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
The global risk landscape has undergone a sea change over the last few decades. For businesses, the risks emanating from fraud can not only threaten the very existence of the organization but continue to increase in quantum and complexity. There has also been a considerable shift in the type of fraud perpetrated, from larceny and … More The evolution of fraud: then and now
An influx of emerging technologies such as analytics, automation and artificial intelligence (including chatbots) has altered advertisers’ strategy. Digital mediums have surpassed traditional ones, forming a significant chunk of advertising budgets. As per an EY report, Reimaging India’s M&E sector, advertisers in India have shifted spends to digital, that contributes to 17% to the total … More Click fraud: a bane of contention in the digital ad ecosystem
Travel and expense fraud probably remains one of the oldest, overlooked and most pervasive types of white-collar crime. Unclear guidelines or low awareness of this fraud can impact corporates adversely, and result in billions of dollars of revenue loss each year.
Every parameter is pointing toward mobile phones replacing bank branches, ATM cards and much more. But are telecom companies ready to take the consumer onslaught and ensure safe transactions?
The Indian pharmaceutical industry is currently undergoing many unprecedented changes. These range from emerging areas of science, new and improved drug variants and specialized services to evolving regulations and business models, making it one of the world’s most developed industries. Today, the sector ranks third in terms of volume and 13th in terms of value. … More Indian multinationals in the pharmaceutical sector need to operate a tighter compliance ship than before
Rapid innovation and digitization has led to a spurt in e-commerce over the last few years. This has permeated into the lives of individuals to do almost anything – shop, travel, book vacations, cabs or even buy groceries online. The convenience offered to browse online in the comfort of their own home, as opposed to … More Bulletproofing the Indian e-commerce business
Today, the automotive industry has become significantly more global in scope, and a company’s supply and distribution relationships are likely to have a much broader global reach than ever. These inter-relationships that extend across borders, time zones, and continents could also compound the opportunities for fraudulent and corrupt activity due to differences in culture, business … More Is fraud taking you for a ride? It is time for automotive companies to fasten their compliance seatbelt.