Once bad actors discover a vulnerability in a system, the potential for fraud and other abuses snowballs. Without robust systems in place to continually identify, correct and combat weaknesses in your systems, organizations may fall a step behind those with bad intent. Criminals are constantly learning about your rules and processes and how you detect and stop fraud and you must have expert systems as well as expert resources to update the systems to evolve with the criminals’ strategies.

Assurety has helped dozens of governmental agencies and corporations use their own data and third-party sources to recognize and thwart fraud and other threats to their operations. From transactional fraud and cross-border crime to network security and other types of fraud, our teams have the experience to put in place safeguards for your data – and finances.

Our methods involve threat modeling to identify potential weaknesses and vulnerabilities in existing systems, and the use of algorithms to flag suspicious activity in real-time. And, over time, systems can learn patterns and predict suspicious activity before it happens through advanced machine learning techniques.

Once the system is in place, Assurety trains your internal staff on how to get the most out of the system, and make changes as needed — even if your staff that lacks a background in data management. We help fraud experts take their skills to the next level.

Each of our projects depends on a solid risk management plan. Our experts meet with key staff to identify goals and objectives before creating a comprehensive plan and keep the team aligned.

We also identify other software, data governance and physical data capture needs and define key performance indicators that will drive the program’s methodology. The discovery phase also includes key process indicators and the creation of data and technology roadmaps to use technology to minimize the risks.