Fraud Boosts Tech

ABSTRACT

Curbelo discusses that businesses are investing more in anti-fraud technology amid the increase of fraud. In response to heightened fraud risk during the COVID-19 pandemic, 43% of organizations have increased their use of data analytics to fight fraud, according to a new study by the Association of Certified Fraud Examiners (ACFE). The 2022 Anti-Fraud Technology Benchmarking Report also predicts an expansion of anti-fraud technology over the next two years, with the use of machine learning and artificial intelligence in organizations expected to double.