Financial loss due to fraud and identity theft is staggering.
The challenges of fraud are unending. Fraudsters are constantly looking for new and ingenious techniques.
The first thing to understand about fraud is its incredible breadth.
Fraud encompasses everything from expense accounts and procurement scams to financial reporting irregularities, false claims, bid-rigging, intellectual property theft and more.
Furthermore, specific industries such as Insurance, Healthcare, Banking,
Telecommunications and Defense and Homeland Security have their own unique strains of fraud to worry about.
Each year in the US alone, banks, merchants, healthcare, defense and homeland
security, insurance and telecommunications companies have more than $50 billion in losses related to fraud.
Brighterion's sole focus is the development of solutions to prevent fraud, identity theft and detect money laundering for
the above mentioned industries.
|