Forthcoming Event
PwC: Financial crime is on the rise in the public sector according to a new report as increased scrutiny in some areas and cuts (as a consequence of the Spending Review) in others boost detection rates & opportunities for fraud.
Some 60% 0f public sector organisations experienced fraud in the last 12 months, up from 52% in 2009, says a new report from PwC.
Some 60% 0f public sector organisations experienced fraud in the last 12 months, up from 52% in 2009, says a new report from PwC.
New techniques such as Continuous Transaction Monitoring can help local authorities and other public bodies identify areas of fraud risk by 'identifying anomalies in existing management data thus uncovering duplicate invoice payments, false suppliers and unauthorised transactions'.
Press release ~ Continuous Transaction Monitoring (FREE Breakfast Briefing Session - 4 May 2011)
