The problem of financial fraud is growing in size and complexity for both government agencies and corporations. Every digital interaction a person has—doing an internet search, visiting a website, creating a user profile—creates a trail of information and data called “digital exhaust.” Sophisticated fraudsters exploit this rapidly accruing digital exhaust to perpetrate financial fraud—and they're now acting with more advanced technological skill and greater speed and destructiveness than ever before.
Organizations that fail to counter and keep ahead of these evolving threats face many risks. The clearest risk is a significant loss of financial value from the bottom line. But successful fraud exploits also degrade customer experiences, disrupt operations, and generate negative publicity and political backlash.