Investigations can be extremely stressful, especially if they involve the analysis of a large volume of data. You need the right analytics tools to examine the possible patterns of fraudulent occurrences if they exist in any large data set. The use of data analytics is a powerful fraud prevention, detection, and investigation tool, and an important part of an effective and holistic fraud risk management program. Benford Law comes in handy for fraud investigations. Despite its complexity to grasp at first, it provides an extra method for fraud examiners to test data for potentially fraudulent activity. Here’s more on what…


