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SiD tackles all of the common problems that are associated with major fraud
investigations, including:
Information Volume
The data available to fraud units is often extracted from large corporate
transaction record systems. The volume of such information is large and it is
exceedingly difficult to glean clear insights buried in the mass of
information.
Document Content Analysis
Huge volumes of unstructured text information requires comprehensive cross
referencing. In order to achieve that - tools such as text searching,
electronic filing and text content analysis such as that provided by
Superstructure's The Mole are required.
Information Collection
The most common channel for information collection in large fraud cases is
automated extraction from corporate transactional databases. Typically this
data will be very succinct in terms of data content and will need to be
extended during the course of the investigation to provide entity-association
information, linking of alias names and other details relating to the alleged
fraud.
In the case of bank fraud, internal systems typically have pattern/anomaly
detection systems which will identify a set of potentially suspicious
transactions. The output from such systems provides an indication of suspicious
activity - but in many cases that is where the real work begins.
Time and Event Analysis
Complex transaction trails need to be unraveled in the mass of data - event and
commodity flows must be determined from separate documents often buried in the
mountain of paper.
Security
In many cases allegations may be sensitive because the fraud is internal. Data
needs to be protected with confidence - until the allegation is proved or the
information is transferred to a law enforcement agency. SiD military strength
data security ensures absolute protection even from internal access.
Identity Matching
Fraud depends largely on the validation of false identity at one or more points
in the application process. Multiple aliases and variations on identity will be
used in various circumstances - with often only a few common clues to real
identity. Language variations and spellings of names can cause mismatches to
occur in many systems.
Security and protection from Change
Managing exhibits in a purely electronic form must have auditable protection
from change to ensure on disclosure that no changes have occurred to original
documents. Defence council by rights must have proof that the electronic form
exactly matches the original. Also documents excluded from disclosure must have
absolute security from the disclosure process.
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