Ukrainian business Sciforce believes machine learning has the potential to identify anomalies in unstructured data which are indicative of corrupt transactions.
Telco group Orange and logistics firm Agility owned 44% of Iraqi operator Korek until their shareholding was seized.
The US Department of Justice has detailed some of the eye-watering amounts spent on bribes to win contracts from governments and telcos in China, Indonesia, Vietnam, Djibouti and Kuwait.
A Pakistani citizen has been extradited to the USA after allegedly paying staff to install malware on AT&T phones and IT systems.
To sustainably counter the risk of internal fraud and corruption we must motivate every employee to observe and report suspicious behavior.
This scandal shows how we rely on external auditors to identify misuse of funds by big businesses like telcos.
Can your fraud analysts be bribed? You might be troubled to learn how much fraudsters are willing to pay them to look the other way.
The conclusion of this two-part series reviews how bribery claims prompted Ericsson’s anti-corruption approach to evolve.
The first part of this two-part series summarizes how Ericsson came to be accused of paying bribes in 18 different countries.
Telcos may never eliminate bribery and corruption, but they will not pay such huge fines if they take simple steps to discourage unethical behavior.