“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
The vibrancy and resilience of the Indian media and entertainment industry cannot be understated. Driven by creative content, digital proliferation and rising customer spends, the industry has received international recognition; and the film industry has been a true catalyst. According to an EY report, the Indian media and entertainment industry reached INR 1.5 trillion in … More Securing Intellectual Property Rights in the Indian film industry
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?
The world has come a long way since the first computer viruses – Creeper, Wabbit and Elk Cloner – were unleashed on the ARPANET (forming the technical base of today’s internet) close to half a century ago. Initially self-replicating and somewhat harmless programs, these viruses and worms gradually turned complex, vicious and persistent. The internet … More How to outwit cyber criminals in a rapidly changing world
The world has come a long way from the archaic arcades to today’s virtual reality video games with 3D simulators. Power packed roadshows such as CES (Las Vegas) and E3 (Los Angeles) are constantly highlighting innovations in the global video gaming industry, with new launches and technologies for multiple platforms. The value of the global … More Is the video game industry getting played by piracy?
The global landscape has been continuously evolving, coupled with rising geopolitical concerns, market volatility and cyber-attacks. There has also been a significant rise in enforcement, highlighted by the Foreign Corrupt Practices Act unit receiving 30 voluntary disclosures when the pilot program was in effect during the 18 months, vis-a-vis 18 cases in the previous period. … More Gauging the role of Forensic Data Analytics in an era of digital transformation
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
The recent cyber-attacks inflicted by ransomware “WannaCry” and “Petya” impacted companies worldwide and across a broad range of sectors, emphasizing the growing and ever-present cyber threat that businesses are facing.
The concept of robotics has been in existence for a long time, with Egyptians using automated water clocks to strike the hour bell and hydraulically operated statues that could gesture and speak in 400 BC. Subsequently, there have been many such instances of robotics in the history of mankind. The first modern-day Industrial Revolution dates … More Robotics and automation: threats and opportunities
The threat of cybercrime on the global banking and financial services industry is apparent with a tectonic increase in cases over the past few years. These attacks have become highly targeted, and cyber criminals seem to have hit the jackpot by deploying sophisticated techniques for illicit financial gains. From hacking the bank accounts of companies, … More Countering emerging cyber threats in the banking sector