Identify fraud indicators within the organization by applying ad hoc test measures. Ensure that risk assessment programs focus on identifying areas of fraud prevention. Communicate and monitor fraud and risk management across the organization. The fraud prevention analysis process includes collecting and storing relevant data and extracting it to detect discrepancies.
He obtained information that can make it possible to manage potential threats before they occur, as well as to develop a proactive environment for detecting and preventing fraud. Fraud analysis can be used for prevention, detection, or both. Analytics can help predict future fraudulent behavior, helping to manage risk, detect fraud schemes more quickly in real time, and scale up detection.