News & Analysis as of

Automation Systems Fraud

J.S. Held

Leveraging Generative AI in Complex Investigations

J.S. Held on

Complex investigations are on the rise with investigators being asked to do more with less, therefore needing to gain efficiency to handle workloads. A complex investigation can be triggered by a litigation event, government...more

J.S. Held

The Dark Side of Artificial Intelligence: Scams and Frauds

J.S. Held on

AI is technology that enables computers to simulate human intelligence and problem-solving skills, whereas deepfake is synthetic media that has been digitally manipulated to replace and mimic one person’s likeness. AI has...more

Mitratech Holdings, Inc

7 Tips for Effective Background Screening of Hourly Employees

Hiring hourly workers, especially in high-volume sectors like retail, hospitality, healthcare, and construction, presents unique challenges. The demand for quick hiring can sometimes lead to shortcuts in the background...more

Davis Wright Tremaine LLP

AI for IAs: How Artificial Intelligence Will Impact Investment Advisers

The use of artificial intelligence and machine learning technology solutions ("AI") is becoming increasingly common in all industries, including the registered investment adviser ("RIA") space. A recent survey by AI platform...more

Spilman Thomas & Battle, PLLC

Decoded - Technology Law Insights, V 5, Issue 2, March 2024

HHS Cybersecurity Performance Goals and the Healthcare Industry - The healthcare industry is a major target for cyberattacks because of all of the personal information collected from patients. Recognizing that the healthcare...more

Ankura

The Evolution of KYC: Exploring Perpetual Know Your Customer (PKYC)

Ankura on

Know Your Customer (KYC) is a fundamental process used by Financial Institutions (FIs) to verify the identities of their customers and assess the associated financial crime risk. Its primary goal is to prevent money...more

K2 Integrity

Social Media Day: Be Alert for Fake Accounts and Scams

K2 Integrity on

Social media has evolved tremendously since its inception—it has become part of our everyday lives and helps us stay connected with others. In fact, June 30 has been declared World Social Media Day as a day to celebrate the...more

Society of Corporate Compliance and Ethics...

ChatGPT Risks for Compliance Programs

ChatGPT is, like the movie title, seemingly everywhere, all the time, and all at once. Individuals and corporations have rushed to embrace it, sometimes with great results, other times, not so much. For better or worse,...more

Dechert LLP

Dechert Cyber Bits - Issue 21

Dechert LLP on

US Federal Appellate Court Issues Opinion on Proof of Injury in Data Breach Cases - On September 2, 2022, the U.S. Court of Appeals for the Third Circuit reinstated a class action lawsuit that had previously been dismissed...more

Ankura

Factors to Be Considered by Financial Organizations for an Effective Transactional Monitoring System

Ankura on

The rising incidence of financial crime continues to haunt financial institutions globally. As per a recent industry report, more SARs (suspicious activity reports) were filed by ~80% of the firms in 2021. COVID-19 pandemic...more

Ankura

Responding to the Increased Global Risk of Financial Crimes

Ankura on

Ankura's Nova O sits down with Mark McGrath, Ayana Murphy, and Elif Cinar to discuss the current anti-money laundering (AML) landscape in the latest Q&A with our Ankura experts. Learn more about responding to the increased...more

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