Blog
Welcome to the INFORM Blog! Our staff utilizes this platform to share their knowledge and monitor trends across various industries. This thought leadership blog is not only designed to entertain, but also provide you with insights to help you make intelligent business decisions.
Post by Dr. Michael Skiba
Inside the Mind of the Internal Fraudster
| Dr. Michael Skiba
Let's kick off this article with a math 101 exercise to pique your interest in internal fraud. Consider your company revenue during 2018 and…
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Keeping financial institutions safe in 2018
| Dr. Michael Skiba
There are several trends that financial institutions should keep an eye on in 2018 to help keep them safe. First, data; research indicates…
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Fighting Tech Savvy Fraudsters with Tech
| Dr. Michael Skiba
I had the opportunity to sit down with David Weaver on the buzzITtalk podcast to discuss some of the most significant issues facing…
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Insurance process optimization: 4 Steps to increase profitability
| Dr. Michael Skiba
Insurance claims consume nearly 80% of insurance company‘s premiums in the form of payments, fraudulent losses, and processing costs. Therefore, insurance companies are justifiably concerned about optimizing the claims process but are often unsure about the most effective method to accomplish this.
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The Internet of Things: How it Changes the Insurance Industry
| Dr. Michael Skiba
Researchers have revealed very alarming statistics about how the Internet of Things (IoT) will impact almost every single individual walking the planet in a very short period of time.
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The Psychology Of Fraud - The Fraud Triangle
| Dr. Michael Skiba
Why Do Fraudsters Commit Fraud Over Other Types of Crime? This second part of the article (see PART 1 - Feb 2016) we talk about the Fraud Triangle, developed by Columbia University. The Fraud Triangle is a great visual depiction of how fraud occurs. This concept further supports the contention that reducing opportunity should be the key element of counter fraud efforts.
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