Category Archives: Industry News

Dec 5, 2016

Industry News

Fraud Detection

  Fraud detection is a topic applicable to many industries. Data mining and statistics help to anticipate and quickly detect fraud and take immediate action to minimize costs. An important early step in fraud detection…

Nov 30, 2016

Industry News

6 Simple ways to prevent fraud

  Besides having a Fraud Prevention Strategy in place, there are also 6 simple ways which every business can implement to prevent fraud from taking place. * Know Your Employees: Fraud perpetrators often display behavioural…

Nov 28, 2016

Industry News

Fraud Prevention

  A pro-active Fraud Prevention Strategy is key for every business in its battle against fraud. A Fraud Prevention Strategy has significant benefits for the entity, once it becomes effective. At minimum, the strategy must…

Nov 23, 2016

Industry News

External Fraud Investigation by Uphando

To help us further illustrate the threat of external fraud, let’s look at a case investigated by Uphando. External Fraud Investigation by Uphando This case involves a school and their Hostel, Cleaning and Daily Food…

Nov 16, 2016

Industry News


  The validity of the stats we provided you with in our previous post, are evident in a case investigated by Uphando. The case involving an employee at an Insurance Underwriting company is a classic…

Nov 14, 2016

Industry News

Profile of an internal fraudster

  Do you think it’s possible to know what an internal fraudster looks like? According to 2016 statistics, the most likely characteristics of an internal fraudster are as follows: Male; University/College graduate; 31-40 years old;…