Day: September 14, 2023

Study Finds Spending on GRC Tools to Increase 50% by 2026

On By IA360 Staff

Legal and compliance department investment in governance, risk, and compliance tools will increase 50 percent by 2026, according to research firm Gartner. Assurance leaders are seeking out technology solutions to help them address increasing regulatory attention on executive risk oversight and monitoring. “Recent actions ranging from the U.S. Securities and Read More

Numbers representing the use of Benford's law

A Powerful Tool to Catch Fraudsters in Their Tracks

On By Jason Kincaid

Investigators and internal auditors are using a somewhat simple mathematical principle to catch fraudsters. Known as “Benford’s law,” it is the idea that the distribution of digits in multi-digit natural numbers is not random, nor is it equally distributed; instead, it follows a predictable pattern. In the realm of data Read More