- The document discusses the impacts of COVID-19 on insurance fraud detection. It summarizes the results of a survey of insurance professionals on how the pandemic has affected fraud trends and insurance companies' fraud-fighting efforts.
- Key findings include that over 60% of respondents saw an increased fraud workload due to COVID-19, and the top reported pandemic fraud schemes were staged accidents, procedure billing fraud, and fake home accidents. Nearly two-thirds of insurers increased their focus on digitalization in response.
- Ongoing challenges for insurers in combating fraud effectively include issues with internal data quality, access to external data, and keeping up with changing fraud schemes. Most recognize the benefits of automated fraud detection tools but
Infographic: Symantec Healthcare IT Security Risk Management StudyCheapSSLsecurity
Cybersecurity in Healthcare: While Cyberattacks and data breaches are rising across industries, healthcare is lagging behind in cybersecurity investment.
Infographic: Symantec Healthcare IT Security Risk Management StudyCheapSSLsecurity
Cybersecurity in Healthcare: While Cyberattacks and data breaches are rising across industries, healthcare is lagging behind in cybersecurity investment.
2015 cost of data breach study global analysisxband
2015 Cost of Data Breach Study:
Global Analysis
By: Ponemon Institute
Benchmark research sponsored by IBM
Independently conducted by Ponemon Institute LLC
May 2015
Findings from India Fraud Survey 2012: Fraud and Corporate Governance - Chang...EY
A report based on a survey conducted to understand the fraud scenario in India. This study aims to understand how businesses have coped with increasing fraud and corruption risk last year, what the emerging fraud risks in the industry are and the measures taken by various organizations to mitigate these risks.
For further information on EY's fraud investigation and dispute services, please visit: http://www.ey.com/IN/en/Services/Assurance/Fraud-Investigation---Dispute-Services
Data breaches and theft of user information can do crippling damage to a digital media company. Creating an effective cybersecurity program is a critical step.
The UK Payments Barometer, is based on a survey of over 400 financial decision makers, including business owners, CFOs, CEOs, CTOs and COOs, on areas including cash management, fraud and payments. A broad range of UK businesses were included, from small businesses to enterprises organisations. It aims to track the health of UK businesses from a financial decision making and risk management perspective. The 2016 report cites payment fraud and errors as the biggest challenge currently faced by financial decision makers.
Sharing the blame: How companies are collaborating on data security breaches, is an Economist Intelligence Unit research project, sponsored by Akamai Technologies, exploring the ways in which organisations are collaborating to deal with the disclosure of data security breaches. How are they co-operating with governments, other companies and third parties in areas such as requirements for the public disclosure of such breaches? Do they have consistent cyber security policies? To what extent are they sharing best practices?
Cyber Claims: GDPR and business email compromise drive greater frequenciesΔρ. Γιώργος K. Κασάπης
Business email compromise (BEC) has overtaken ransomware and data breach by hackers as the main driver of AIG EMEA cyber claims, according to the latest cyber claims statistics.
Nearly a quarter of reported incidents in 2018 were due to business email compromise (BEC), up significantly from 11% in 2017. Ransomware, data breach by hackers and data breach due to employee negligence were the other main breach types in 2018.
The FBI is the lead federal agency for investigating malicious cyber activity by criminals, nation-state adversaries, and terrorists. To fulfill this mission, the FBI often develops resources to enhance operations and collaboration. One such resource is the FBI’s Internet Crime Complaint Center (IC3) which provides the public with a trustworthy and convenient mechanism for reporting information concerning suspected Internet-facilitated criminal activity. At the end of every year, the IC3 collates information collected into an annual report.
Credit is due to all original authors and no financial gain was made from the blog, Simply sharing an interesting story for educational purposes,
Review on 3rd-party Cyber Risk Assessment and Scoring ToolsNormShield
A recent survey conducted by Ponemon Institute reveals that 56% of companies have experienced a 3rd-party breach in 2017, which is an increase of 7% compared to previous year. Another survey conducted by Deloitte in 2016 was more depressive, reporting that 87% of organizations have experienced a disruptive incident with third-parties in the last 2-3 years. Another research in 2016, sourced by Soha Systems, reports that 63% of all breaches were related to third parties. The findings in these studies confirm that third-party cyber risk assessment is a must. The goal of this paper is to provide a review on third-party cyber risk assessment/scoring tools that automatically gather and analyze open source data and provide a risk score/security rating.
Main Street vs. Wall Street: Who is to Blame for Data Breaches?Brunswick Group
Our analysis of major data breaches at US publicly traded companies offers rare insight into how consumers apportion responsibility for preventing data breaches. Key findings from the survey include:
• Ninety-four percent of consumers surveyed are concerned about retail data breaches.
• Consumers are nearly as likely to hold retailers responsible for data breaches (61 percent) as the criminals themselves (79 percent). Only 34 percent blame the banks that issue debit and credit cards.
• Seventy-five percent believe that retailers are not doing enough to prevent infiltrations into their customer data and payment systems.
• Seventy percent of respondents believe that retailers should be held financially responsible for consumer losses that result from a breach; not banks or card issuers.
• Finally – and most troubling – 34 percent of those surveyed report that they no longer shop at a specific retailer due to a past data breach issue.
LexisNexis® Risk Solutions commissioned the Fraud Mitigation Study to uncover fraud trends and patterns. 800 fraud mitigation professionals from insurance, financial services, retail, government, healthcare and communications took part in the survey.
Insurance Fraud (Business Decision Making Project - Fina.docxmariuse18nolet
Insurance Fraud (Business Decision Making Project - Final Collaboration)
Running head: INSURANCE FRAUD (BUSINESS DECISION MAKING PROJECT -
1
INSURANCE FRAUD (BUSINESS DECISION MAKING PROJECT -
5
Insurance Fraud (Business Decision Making Project - Final Collaboration)
Insurance fraud is something that affects all aspects of insurance. Fraud, according to merriam-webster.com, is “using dishonest methods to take something valuable from another person.” (2015) in this presentation, we will discuss who is affected by fraud, different types of fraud, why fraud is an issue, and how we can help stop fraud.
Consumers, insurance companies, innocent “victims” in accidents, police and district attorneys are all affected by fraud of different types. There are many reasons why insurance fraud is an issue. Insurance companies pay out on fraudulent claims, which then cause premiums to increase for consumers. A study conducted by the Coalition Against Insurance Fraud shows that consumers see an increase of between 13% and 18% annually in premiums as a result of insurance fraud. (insurance-fraud.org, 2015) This means that of every $100 dollars consumers pay in premium, between $11.50 and $15.25 of this is due to insurance fraud.
Victims in car accidents can be affected because the insurance company may not pay a valid claim due to fraudulent actions by one or both parties in a loss. Police and district attorneys have to use valuable resources to combat against fraud.
The Top Questionable Insurance Claims
With insurance fraud being so prevalent the Insurance Information Institute released statistical data on the top questionable insurance claim categories that have been increasing year over year. Personal Property claims take top billing when it comes to fraud claims. Included in this section is homeowners insurance and renters insurance. Not only in the residential world do we have claims but in the business world as well with Commercial property claims coming in second place and workers compensation claims comes in a strong third place. These claims seem to be easier to get away with fraud due to the lack of property or injuries that can be claimed.
Data analysis
The total cost of in the United State is estimated by $ 40 Billion a year which cuts the insurers profits and limits their ability to offer consumers competitive premiums. The data analysis shows that insurance fraud among serious citizen. In addition, and according to the Insurance Fraud organization (2015), the auto insurance fraud $4.8 billion to $6.8 billion in excess payments to auto injury claim. Worker's compensation insurance fraud including employees misclassified by employers increased from 106,000 workers to more than 150,000 workers, schemes that stole $489 million in workers compensation premiums. In the Health care industry, data shows fraud account is increasing by 19% annually as of 2007. The fraud increased from $600 to $800 Billion in waste in the U.S hea.
The Insurance Digital Revolution Has a Fraud ProblemTransUnion
The rapid digitalization of the Insurance Industry has not only opened up access channels for customers, but also created targets for fraudsters. The time is now to protect your business from fraud as you convert to digital. In this webinar, we’ll analyze the 5 Strategic Approaches to Digital Optimization and Transformation in Insurance that Gartner laid out in their report and explore possible fraud threats that can arise as a result of such transformation.
Register today to learn more from us about:
- Combating fraud threats introduced by the move to digital, such as ghost broking
- Detecting and preventing growing account takeover
- Protecting the entire customer lifecycle
- How to arm your SIU to more effectively fight fraudulent claims
- Improve identity verification to reduce early term losses
Data Breach Insurance - Optometric Protector Plansarahb171
The Optometric Protector Plan offers malpractice, professional liability and business insurance for Optometrists, Ophthalmic Technicians and Students. Here is the 2014 Data Breach Industry Forecast.
Fraud and corporate governance changing paradigm in India 2012EY
This report offers a perspective on the bribery landscape across Europe, the Middle East, India and Africa (EMEIA), including enforcement trends, risks for businesses to be aware of and mitigating steps companies may want to consider.
For further information on EY's fraud investigation and dispute services, please visit: http://www.ey.com/IN/en/Services/Assurance/Fraud-Investigation---Dispute-Services
Article global it systems are now even more vulnerable - paul wrightPaul Wright MSc
April 2020, Authour of the Article in the UAE Gulf Newspaper
"Global IT systems are now even more vulnerable"
https://bit.ly/3go8n7j
The effects of COVID-19 on businesses and global supply chains are being felt around the world. Aside from the economic impact, there have also been illegal and legal consequences, with an increase in cybercrime and business fraud, as cybercriminals try to take advantage of these uncertain times.
Did you suffer a data breach in 2014? Even if you avoided
a breach, it’s likely that you saw an increase in the number
of security incidents — according to PwC research, since
2009 the volume has grown at an average of 66% per
year.1 It seems that it’s only retailers and entertainment
companies that make the headlines, but organizations
of all kinds are affected. In this report we look at how
well prepared companies are to withstand attacks and
mitigate the impact of breaches, and recommend how
you can improve.
All product and company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
2015 cost of data breach study global analysisxband
2015 Cost of Data Breach Study:
Global Analysis
By: Ponemon Institute
Benchmark research sponsored by IBM
Independently conducted by Ponemon Institute LLC
May 2015
Findings from India Fraud Survey 2012: Fraud and Corporate Governance - Chang...EY
A report based on a survey conducted to understand the fraud scenario in India. This study aims to understand how businesses have coped with increasing fraud and corruption risk last year, what the emerging fraud risks in the industry are and the measures taken by various organizations to mitigate these risks.
For further information on EY's fraud investigation and dispute services, please visit: http://www.ey.com/IN/en/Services/Assurance/Fraud-Investigation---Dispute-Services
Data breaches and theft of user information can do crippling damage to a digital media company. Creating an effective cybersecurity program is a critical step.
The UK Payments Barometer, is based on a survey of over 400 financial decision makers, including business owners, CFOs, CEOs, CTOs and COOs, on areas including cash management, fraud and payments. A broad range of UK businesses were included, from small businesses to enterprises organisations. It aims to track the health of UK businesses from a financial decision making and risk management perspective. The 2016 report cites payment fraud and errors as the biggest challenge currently faced by financial decision makers.
Sharing the blame: How companies are collaborating on data security breaches, is an Economist Intelligence Unit research project, sponsored by Akamai Technologies, exploring the ways in which organisations are collaborating to deal with the disclosure of data security breaches. How are they co-operating with governments, other companies and third parties in areas such as requirements for the public disclosure of such breaches? Do they have consistent cyber security policies? To what extent are they sharing best practices?
Cyber Claims: GDPR and business email compromise drive greater frequenciesΔρ. Γιώργος K. Κασάπης
Business email compromise (BEC) has overtaken ransomware and data breach by hackers as the main driver of AIG EMEA cyber claims, according to the latest cyber claims statistics.
Nearly a quarter of reported incidents in 2018 were due to business email compromise (BEC), up significantly from 11% in 2017. Ransomware, data breach by hackers and data breach due to employee negligence were the other main breach types in 2018.
The FBI is the lead federal agency for investigating malicious cyber activity by criminals, nation-state adversaries, and terrorists. To fulfill this mission, the FBI often develops resources to enhance operations and collaboration. One such resource is the FBI’s Internet Crime Complaint Center (IC3) which provides the public with a trustworthy and convenient mechanism for reporting information concerning suspected Internet-facilitated criminal activity. At the end of every year, the IC3 collates information collected into an annual report.
Credit is due to all original authors and no financial gain was made from the blog, Simply sharing an interesting story for educational purposes,
Review on 3rd-party Cyber Risk Assessment and Scoring ToolsNormShield
A recent survey conducted by Ponemon Institute reveals that 56% of companies have experienced a 3rd-party breach in 2017, which is an increase of 7% compared to previous year. Another survey conducted by Deloitte in 2016 was more depressive, reporting that 87% of organizations have experienced a disruptive incident with third-parties in the last 2-3 years. Another research in 2016, sourced by Soha Systems, reports that 63% of all breaches were related to third parties. The findings in these studies confirm that third-party cyber risk assessment is a must. The goal of this paper is to provide a review on third-party cyber risk assessment/scoring tools that automatically gather and analyze open source data and provide a risk score/security rating.
Main Street vs. Wall Street: Who is to Blame for Data Breaches?Brunswick Group
Our analysis of major data breaches at US publicly traded companies offers rare insight into how consumers apportion responsibility for preventing data breaches. Key findings from the survey include:
• Ninety-four percent of consumers surveyed are concerned about retail data breaches.
• Consumers are nearly as likely to hold retailers responsible for data breaches (61 percent) as the criminals themselves (79 percent). Only 34 percent blame the banks that issue debit and credit cards.
• Seventy-five percent believe that retailers are not doing enough to prevent infiltrations into their customer data and payment systems.
• Seventy percent of respondents believe that retailers should be held financially responsible for consumer losses that result from a breach; not banks or card issuers.
• Finally – and most troubling – 34 percent of those surveyed report that they no longer shop at a specific retailer due to a past data breach issue.
LexisNexis® Risk Solutions commissioned the Fraud Mitigation Study to uncover fraud trends and patterns. 800 fraud mitigation professionals from insurance, financial services, retail, government, healthcare and communications took part in the survey.
Insurance Fraud (Business Decision Making Project - Fina.docxmariuse18nolet
Insurance Fraud (Business Decision Making Project - Final Collaboration)
Running head: INSURANCE FRAUD (BUSINESS DECISION MAKING PROJECT -
1
INSURANCE FRAUD (BUSINESS DECISION MAKING PROJECT -
5
Insurance Fraud (Business Decision Making Project - Final Collaboration)
Insurance fraud is something that affects all aspects of insurance. Fraud, according to merriam-webster.com, is “using dishonest methods to take something valuable from another person.” (2015) in this presentation, we will discuss who is affected by fraud, different types of fraud, why fraud is an issue, and how we can help stop fraud.
Consumers, insurance companies, innocent “victims” in accidents, police and district attorneys are all affected by fraud of different types. There are many reasons why insurance fraud is an issue. Insurance companies pay out on fraudulent claims, which then cause premiums to increase for consumers. A study conducted by the Coalition Against Insurance Fraud shows that consumers see an increase of between 13% and 18% annually in premiums as a result of insurance fraud. (insurance-fraud.org, 2015) This means that of every $100 dollars consumers pay in premium, between $11.50 and $15.25 of this is due to insurance fraud.
Victims in car accidents can be affected because the insurance company may not pay a valid claim due to fraudulent actions by one or both parties in a loss. Police and district attorneys have to use valuable resources to combat against fraud.
The Top Questionable Insurance Claims
With insurance fraud being so prevalent the Insurance Information Institute released statistical data on the top questionable insurance claim categories that have been increasing year over year. Personal Property claims take top billing when it comes to fraud claims. Included in this section is homeowners insurance and renters insurance. Not only in the residential world do we have claims but in the business world as well with Commercial property claims coming in second place and workers compensation claims comes in a strong third place. These claims seem to be easier to get away with fraud due to the lack of property or injuries that can be claimed.
Data analysis
The total cost of in the United State is estimated by $ 40 Billion a year which cuts the insurers profits and limits their ability to offer consumers competitive premiums. The data analysis shows that insurance fraud among serious citizen. In addition, and according to the Insurance Fraud organization (2015), the auto insurance fraud $4.8 billion to $6.8 billion in excess payments to auto injury claim. Worker's compensation insurance fraud including employees misclassified by employers increased from 106,000 workers to more than 150,000 workers, schemes that stole $489 million in workers compensation premiums. In the Health care industry, data shows fraud account is increasing by 19% annually as of 2007. The fraud increased from $600 to $800 Billion in waste in the U.S hea.
The Insurance Digital Revolution Has a Fraud ProblemTransUnion
The rapid digitalization of the Insurance Industry has not only opened up access channels for customers, but also created targets for fraudsters. The time is now to protect your business from fraud as you convert to digital. In this webinar, we’ll analyze the 5 Strategic Approaches to Digital Optimization and Transformation in Insurance that Gartner laid out in their report and explore possible fraud threats that can arise as a result of such transformation.
Register today to learn more from us about:
- Combating fraud threats introduced by the move to digital, such as ghost broking
- Detecting and preventing growing account takeover
- Protecting the entire customer lifecycle
- How to arm your SIU to more effectively fight fraudulent claims
- Improve identity verification to reduce early term losses
Data Breach Insurance - Optometric Protector Plansarahb171
The Optometric Protector Plan offers malpractice, professional liability and business insurance for Optometrists, Ophthalmic Technicians and Students. Here is the 2014 Data Breach Industry Forecast.
Fraud and corporate governance changing paradigm in India 2012EY
This report offers a perspective on the bribery landscape across Europe, the Middle East, India and Africa (EMEIA), including enforcement trends, risks for businesses to be aware of and mitigating steps companies may want to consider.
For further information on EY's fraud investigation and dispute services, please visit: http://www.ey.com/IN/en/Services/Assurance/Fraud-Investigation---Dispute-Services
Article global it systems are now even more vulnerable - paul wrightPaul Wright MSc
April 2020, Authour of the Article in the UAE Gulf Newspaper
"Global IT systems are now even more vulnerable"
https://bit.ly/3go8n7j
The effects of COVID-19 on businesses and global supply chains are being felt around the world. Aside from the economic impact, there have also been illegal and legal consequences, with an increase in cybercrime and business fraud, as cybercriminals try to take advantage of these uncertain times.
Did you suffer a data breach in 2014? Even if you avoided
a breach, it’s likely that you saw an increase in the number
of security incidents — according to PwC research, since
2009 the volume has grown at an average of 66% per
year.1 It seems that it’s only retailers and entertainment
companies that make the headlines, but organizations
of all kinds are affected. In this report we look at how
well prepared companies are to withstand attacks and
mitigate the impact of breaches, and recommend how
you can improve.
All product and company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
Всемирный обзор экономических преступлений за 2016 годPwC Russia
В рамках подготовки Всемирного обзора экономических преступлений PwC за 2016 год было опрошено более 6 000 участников из 115 стран. Несмотря на незначительное общее снижение количества зарегистрированных экономических преступлений, финансовая стоимость каждого отдельного мошеннического действия увеличивается. Четырнадцать процентов респондентов столкнулись с убытками на сумму более 1 млн долл. США за последние два года.
Enterprise Fraud Management: How Banks Need to AdaptCapgemini
Fraud prevention is becoming one of the biggest areas of concern for the financial services industry. But first generation Fraud Management systems are falling short. By moving towards more enterprise approach to fraud management, financial institutions can combat the increasingly treacherous fraud and cyber crime landscape while reaping numerous benefits for the organization.
In a survey of U.S. technology and healthcare executives nationwide, Silicon Valley Bank found that companies believe cyber attacks are a serious threat to both their data and their business continuity.
Highlights
- 98% are maintaining or increasing resources devoted to cyber security
- 50% are increasing their cyber security resources, preparing for when, not if, cyber attacks occur
- Just 35% are completely or very confident in the security of their company information, and only 16% feel the same about their business partners
Towards the Next Generation Financial Crimes Platform - How Data, Analytics, ...Molly Alexander
Towards the Next Generation Financial Crimes Platform - How Data, Analytics, & ML Are Transforming the Fight Against Fraud, AML & Cybersecurity -Nadeem Asghar
9 Trends in Identity Verification (2023) by RegulaRegula
Regula held an internal panel discussion and compiled nine expert opinion-based identity verification trends to watch and leverage in 2023. You can find the full text in our blog: https://regulaforensics.com/blog/identity-verification-trends-2023/
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
NO1 Uk Divorce problem uk all amil baba in karachi,lahore,pakistan talaq ka m...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
2. 2
Introduction
Matthew J. Smith, Esq.
Executive Director,
Coalition Against Insurance Fraud
Rapid and sweeping change in how insurers do business — and fight fraud
— were well underway before COVID-19 erupted across the world. The
pandemic has accelerated an already dizzying pace.
AI and digitizing the insurance chain brings remarkable new potential to
benefit insurance consumers. Yet fraudsters inevitably work to exploit such
emerging new system gaps.
In this time like no other, expect to see a significant and extended surge
of scams. We know fraud fighters are remarkably resilient. AI-driven fraud
detection, in tandem with seasoned investigators and anti-fraud efforts, is
poised to deliver greater value than ever — to insurers and policyholders
alike.
Much uncertainty remains. Digital vulnerabilities, data quality, equally resilient
fraudsters. We stay ahead of fraud through bold and innovative leadership.
Not fearing the future but capitalizing on our best resources and people to
guide us forward.
3. 443 52 8 18% 75%
out of 10
fraud-fighting
priority
of claims
suspected as
fraudulent
saw an increased
workload due to
COVID-19
countries
represented
worldwide
insurance
professionals took
part in our survey
By the numbers
4. 4
The impacts of COVID-19
From the moment news of COVID-19 started spreading,
insurance carriers knew there would be a significant
business impact. Although there is room left for further
investigations, we tried to summarize the impact of the
pandemic on insurance as well as possible.
In our survey two years ago, 60% of respondents said
they saw an increase in fraud. This theme continues,
accelerated this year by the effects of COVID-19.
It makes sense that the increase in digital processes
opens the door a bit wider to fraud.
In the blog below, our colleague Martyn Griffiths explains what
we’ve learned from previous crisis on the rise of insurance fraud.
Top 3 impacts carriers felt from COVID:
Increase in suspected
and proven fraud
Fewer inspections due
to remote working
Increased workload
Blog:
FIRE
Is Never A Gentle Master.
5. 5
Top 3 pandemic fraud schemes:
The question now is, what are carriers doing about it?
COVID-19 forced nearly two thirds of all organizations
to focus more on digitalization. Almost half had a focus
on reducing costs, and a third actively increased their
fraud checks.
For more insights about this topic, check out our COVID-19
resources below.
Staged accidents
and vehicle thefts
Procedure billing
or phantom services
Fake accidents
occurring at homes
Nearly two thirds now focus on digitalization
One third actively increased fraud checks
Nearly half focused on reducing costs
65%
47%
33%
FRISS COVID-19 Resources
6. 6
Fraud detection during COVID-19
Seeing a rise in fraud and wanting to reduce costs goes
hand in hand. 43% of respondents were forced to reduce
the cost of their operations as a result of the pandemic.
Nearly half accelerated their efforts toward digitalization.
1 in 5 want to leverage additional data to profile risks.
Preventing fraud is good for the business. As suggested
by McKinsey research, success depends on the ability to
deeply enable a digital way of working. Low-risk claims can
be put on a fast track in order to provide sincere customers
with a moment of magic when it matters most.
Automated red flags / Business rules
Homegrown solutions
Experience of staff
68%
64%
38%
“Success depends on the ability to
deeply enable a digital way of working.”
-McKinsey
Which solutions does your organization
currently use to detect fraud?
7. 7
Thedesiretomovetowarddigitalizedandstraight-through
processes is not yet met with action. Many respondents
are still relying on the gut feeling of their staff and other
manual methods for preventing and predicting fraud.
Good news: the desire to fight fraud is getting stronger.
In our past studies, respondents gave it a priority of 7/10.
This year we’re inching closer to 8/10.
2018 2020
Exactly how much fraud impacts the industry is always
hard to pinpoint. The industry generally agrees fraud
accounts for about 10% of all claims cost – and so do the
respondents of this year’s survey. Nearly three quarters
believe 10% or more claims contain an element of fraud,
inflation or misrepresentation.
What percentage of claims do you estimate contain
an element of fraud, inflation or misrepresentation?
10%
18%
22%
Industry
average
Survey
average
IASIU
average
Legitimate
claims
7/10 8/10
Most industry professionals believe 10% of all claims contain an
element of fraud. At the 2019 IASIU conference, investigators
believed it to be 22%. This year’s survey yielded an average of 18%.
8. 8
Challenges
Less than half the respondents shared
a challenge that might prevent them
from implementing fraud detection
software. Still, topics like poor data
integration, a lack of IT resources or
the fear of false positives are weighing
on carriers’ minds.
Fortunately, many realize that these
issues are easily mitigated, and once
a system goes live their fears are
replaced with unexpected benefits.
Limited IT resources
Difficult to measure ROI
Poor data integration
Poor core system integration
Too many false positives
Difficult to stay ahead of fraud schemes
48%
37%
48%
31%
39%
30%
What challenges do you see in
implementing fraud detection software?
9. 9
Benefits
Improved loss ratio
Better portfolio quality
Getting ahead of emerging fraud schemes
Improved investigator efficiency
Real time detection
60%
45%
49%
48%
45%
What benefits do you see in
implementing fraud detection software?
Overcoming these challenges is worth
the effort. Eliminating fraud has a clear
benefit to the loss ratio, and it’s the top
reason our respondents are willing to
take on new initiatives.
Evaluating claims in real time affords
better customer service, which turns
moments of misery into moments of
magic. Screening incoming customers
in real time offers a better experience,
increased loyalty and a higher quality
book of business.
10. 10
Underwriting Renaissance
Did COVID kick off an underwriting renaissance? This year
nearly half of all carriers are starting to re-think, or better yet
enact, new underwriting standards. Not a single underwriting
initiativewasputonhold(whileplentyofotherprojectswere),
and, compared to our previous survey, we see an increase in
fraud awareness at the beginning of the policy lifecycle.
Top 3 impacts carriers felt from COVID:
25% 50% 75%
Saw an
increased
workload
Introduced new
underwriting
standards
Enabled agent
or policyholder
self-service
Top 3 fraud fighting challenges:
• Internal data quality
• Data protection and privacy
• Inadequate access to external data
All three point to a carrier allowing bad risks into their
profile.Mostcarriersarelookingatinternalclaimandpolicy
history data, previous fraud cases and known fraud lists.
Yet less than half check against loss information or even
payment behavior, two key indicators of financial distress
and propensity to commit fraud.
Read this blog by Pat Speer about the evolving
world of fraud detection:
The evolving world of fraud
detection in underwriting
11. 11
Fraud-fighting culture
How would you like to see your organization improve
its fraud-fighting efforts?
More than anything else, carriers believe the use of
automated fraud detection tools is the key to improving
their fraud-fighting efforts. This could be lost to competing
priorities. In our 2016 report, only 3% reported a lack of
C-level commitment. That number has held steady at over
10% from 2018 to 2020.
In the quest toward honest insurance, exchanging data
and learnings with other carriers remains a global desire.
Rapidly changing fraud schemes keep a third of our
respondents up at night.
Use automated fraud detection tools
Exchange data with other carriers
Learn from other insurance companies
Start measuring fraud metrics
Share data between departments
Exchange more knowledge between departments
56%
37%
36%
49%
39%
35%
“Fighting fraud is not a strategic competitive advantage.
It’s the right thing to do. And you should start it today.”
- Marty Ellingsworth, Senior Analyst, Celent.
12. 12
Carriers are starting to realize the importance of sharing
data between departments, which alone contributes to a
huge lift in spotting fraud. Similarly, 36% feel they need to
exchange more data between departments.
Surprisingly, over a third of respondents say they are not
measuring fraud metrics. In this case, what you don’t know
can in fact hurt you.
Speaking of what you don’t know… data becomes the
top challenge in effectively fighting fraud. Unfortunately,
not much has changed – these themes have remained
consistent since our first fraud survey in 2016.
Over a third of respondents say
they are not measuring fraud metrics. 2016
1. Data protection and privacy
2. Inadequate access to external data
3. Internal data quality
2018
1. Internal data quality
2. Inadequate access to external data
3. Cooperation with other insurers
2020
1. Internal data quality
2. Data protection and privacy
3. Inadequate access to external data
Top 3 challenges in fighting fraud:
Data, data, data
13. 13
In a data-driven world, carriers are struggling to connect
the dots. While there is much buzz about social media,
not a single respondent cited using it in their current fight
against fraud.
Armed only with knowledge from their own business
– and often their own business unit – many carriers
are struggling to keep up with emerging fraud trends,
schemes and tactics. Historically, fraud fighting was not
a top organizational priority.
Internal data quality
Rapidly changing fraud schemes
Inadequate access to external data
Insufficient budget
Data protection and quality
Cooperation with other insurers
46%
35%
29%
38%
37%
23%
What are your organization’s biggest
challenges in effectively responding to fraud?
Using social media to combat fraud
14. 14
Together with insurers we eliminate fraud and make insurance more honest. Because we strongly believe in fair
premiums, for everyone across the globe.
We often recognize that people take insurance for granted. At FRISS, we want to remind everyone how important
the insurance industry is in our business and personal environment. Insurance powers most of the incredible things
we achieve in life. That is why we believe insurance is a beautiful thing.
Jeroen Morrenhof,
CEO and Co-Founder
Conclusion