Possible Fraud Risks for Loyalty Program
Loyalty points are equivalent to currency. They can be used for real world financial transactions ranging from retail to travel and even a slight carelessness on the part of individual users...
Bitcoin is heavily used in Crypto Currency Laundering
https://youtu.be/LKC7zEPSHXg
CryptoCurrency laundering is an emerging challenge. But Indiaforensic recognised this in the year 2013. Indiaforensic published its report on virtual currencies. Liberty Reserve was the...
Boleto payment system susceptible to frauds
According to the recent study on information security, a "malware-based fraud ring" had infiltrated the online payment method known as the boleto, diverting payments to accounts held by members of the...
Perpetrating frauds remotely
Two Indians and a technology firm they worked for have been accused by U.S. authorities of making $2.5 million by fraudulently selling unrequired technical support services to computer users and selling...
Financial Statement Frauds in Indian Technology Sector
Financial Statement Frauds in the Information technology sector are here to stay. In the year 2009, Indiaforensic published the research on termed as " Early Warning Signals of Corporate Frauds" which...
Detecting Bank Frauds using Benford Utiliy
Detecting Bank Frauds using Benford Utiliy
Riskpro Technology team developed the utility for the Certified Forensic Accounting Professionals. This utility helps the forensic accountants to detect the frauds with the help of...
Computer Forensics in India
Indiaforensic offers a series of articles on the subject of computer forensics in India. An increasing number of forensic accountants are developing specializations and obtaining CFAP credentials. Indiaforensic enables CFAPs to...
Friendly Frauds is nightmare for Etailing boom
Etailing has been successfully operational since two decades and can be traced back to when Dell Computer reported multi million dollar orders taken at its Web site in 1997.
Etailing is a...
Ecommerce frauds in India
With the advent of the internet, many aspects of life have become fully or semi-automated. Shopping online is no different. With just a few clicks, users can send their money to...
Defining Vishing in Indian banks
The Indian banking industry especially the top private banks has kept pace with the use of technology in banking, matching the best of facilities that international banks offer. This includes providing...
