Fraud Management & Cybercrime

Leveraging Analytics for Fraud Audits

Forensics Expert Vincent Walden on Using Risk Scoring
Vincent Walden, managing director, Alvarez and Marsal

Data analytics can help auditors identify high-risk areas - a far better approach than relying on random samples, says Vincent Walden, managing director at Alvarez and Marsal.

See Also: How To Cut Through The Web Of Insurance Fraud

"You need to look at the entire data set and analyze it based on risk scoring," Walden says.

In this video interview with Information Security Media Group, Walden also discusses:

  • Aspects of internal audits where data analytics is helpful;
  • A case study of how data analytics has helped identify high-risk areas;
  • The challenges of applying data analytics.

Walden, managing director at the New York-based consultancy Alvarez & Marsal's disputes and investigations unit, specializes in forensic data analytics, continuous controls monitoring, information governance and legal discovery services. He provides technology perspectives on proactive compliance programs as well as reactive investigations.


About the Author

Suparna Goswami

Suparna Goswami

Associate Editor, ISMG

Suparna Goswami is Associate Editor at ISMG Asia and has more than 10 years of experience in the field of journalism. She has covered a variety of beats ranging from global macro economy, fintech, startups and other business trends. Before joining ISMG, she contributed for Forbes Asia where she wrote about the Indian startup ecosystem. She has also worked with UK-based International Finance Magazine, and leading Indian newspapers like DNA and Times of India.




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