unemployment

AI-based security solutions can detect & prevent fraudulent activity

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AI-based security solutions can detect & prevent fraudulent activity

AI-based security solutions can detect & prevent fraudulent activity | Security Magazine This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This…

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States Spent Millions On Deloitte’s ‘Anti-Fraud’ Covid Unemployment Systems. They Suffered Billions In Fraud.

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States Spent Millions On Deloitte’s ‘Anti-Fraud’ Covid Unemployment Systems. They Suffered Billions In Fraud.

Deloitte has provided systems to states across the U.S. to try to prevent Covid fraud, but nationally the losses are at $45 billion and could be as much as three times that, according to government estimates. (Photo by Artur Widak/NurPhoto via Getty Images) NurPhoto via Getty Images The Big 4 accounting giant promised states AI-powered anti-fraud detection systems in return for hundreds of millions in Covid unemployment contracts. Fraudsters abusing those same systems likely earned…

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