Everyone in the world had to adjust their way of life during Covid-19 epidemic, since lockdown and quarantine measures were enacted majority countries. As a result, social engagement communication forced take place through internet. Consequently, as case Indonesia, number internet users expanded dramatically over this time period. With an increase activity comes financial fraud. According study...

Nowadays, money exchanges are oriented to be more digitized in order reduce personal contacts and maintain safetyfrom the pandemic covid-19.The most important aspect of any financial institute is secure protected from suspicious

In this paper, the authors examine how different types of fraud in most Information Technology (IT) environments affect an audit risk model from 2001 through 2008. Variations in IT fraud are questionable for determining the audit risks that affect audit quality and report. The data sources in this study came from the Computer Crime and Security Survey report (CSI) 2008. By relating different IT...

The use of credit cards is of paramount importance in improving the economic strength of any nation, however, fraudulent activities associated with it is of great concern. When fraud occurs on credit cards, the negative impact is huge as the financial loss experienced cuts across all the parties involved. This paper provides a proactive measure at detecting fraudulent activities regarding the c...

Learning to detect fraud in large-scale accounting data is one of the long-standing challenges in financial statement audits or forensic investigations. Nowadays, the majority of applied techniques refer to handcrafted rules derived from known fraud scenarios. While fairly successful, these rules exhibit the drawback that fraudsters gradually adapt and find ways to circumvent them. In addition,...

The use of credit cards is of paramount importance in improving the economic strength of any nation, however, fraudulent activities associated with it is of great concern. When fraud occurs on credit cards, the negative impact is huge as the financial loss experienced cuts across all the parties involved. This paper provides a proactive measure at detecting fraudulent activities regarding the c...

A case study on the theoretical and practical value of using process mining for the detection of fraudulent behavior in the procurement process Abstract This thesis presents the results of a six month research period on process mining and fraud detection. This thesis aimed to answer the research question as to how process mining can be utilized in fraud detection and what the benefits of using ...

While there is a growing professional interest on the application of Benford’s law and “digit analysis” in financial fraud detection, there has been relatively little academic research to demonstrate its efficacy as a decision support tool in the context of an analytical review procedure pertaining to a financial audit. We conduct a numerical study using a genetically optimized artificial neura...

Nowadays, fraud in the financial sector is common and a global issue. The Islamic Financial Institution (IFI) Malaysia faces issue despite Shariah-compliance. Fraud riba’ Islam are forbidden due to being non-Shariah compliant matters. Thus, study examines attributes of Shariah governance as an agent for prevention detection. Data were collected from 16 Banks with internal auditors risk analysts...