KPMG Fighting Fraud

Hard and soft controls work together to reduce fraud risk
Hard internal controls, such as procedures and segregation of duties, are traditionally the first line of defence against business risks such as fraud and misconduct. Research has demonstrated, however, that simply increasing the number of rules, when new risks or incidents are detected, results in risk and control frameworks becoming so large that they can become counterproductive and cease to be effective. 
eReview - a skill in itself
The search for the illusive smoking gun has always demanded a certain degree of document review which, with the rapid advances in technology, is becoming centralised on computerised review platforms. But with the exponential increase in electronic data and the growing desire for reduced costs in a difficult economic environment, our clientsare benefitting from the help of experts in performing large and complicated eReviews.
Offender profiling of fraudsters - the future of risk management?
The FBI's Behavioural Analysis Unit ("FBI") made famous in such films as "Silence of the Lambs" and the current TV programme, "Criminal Minds", has turned its attention to white collar criminals. Following criticism of the lack of successful prosecutions in the wake of the financial downturn, an eight strong FBI team is now looking at profiling fraudsters in the same way that it has done for serial killers and sex offenders.
Latest publications
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