Logo image
Detecting complex account fraud in the enterprise: The role of technical and non-technical controls
Journal article   Peer reviewed

Detecting complex account fraud in the enterprise: The role of technical and non-technical controls

S Goode and David Lacey
Decision Support Systems, Vol.50(4), pp.702-714
2011
url
https://doi.org/10.1016/j.dss.2010.08.018View
Published Version

Abstract

fraud controls security time exposure loss
Complex fraud, involving heightened offender knowledge of organizational processes, can be especially damaging to the firm. Much research has focused on technical, quantitative detection methods. This paper uses multidimensional scaling of empirical fraud event data from a large telecommunications firm to illustrate how technical and socio-technical fraud controls are used to detect fraud at varying levels of time exposure and dollar loss. The evidence suggests that technical controls only detect one third of fraud cases with zero time exposure and loss. More complex fraud is detected with a range of technical and socio-technical controls from inside and outside the firm. Interviews with twelve fraud managers and investigators are used to confirm the findings.

Details

Metrics

8 File views/ downloads
547 Record Views

InCites Highlights

These are selected metrics from InCites Benchmarking & Analytics tool, related to this output

Web Of Science research areas
Computer Science, Artificial Intelligence
Computer Science, Information Systems
Operations Research & Management Science

UN Sustainable Development Goals (SDGs)

This output has contributed to the advancement of the following goals:

#3 Good Health and Well-Being
#16 Peace, Justice and Strong Institutions

Source: InCites

Logo image