With the rise in cybercrime, India is today ranked 10th on the World Cybercrime Index. Indians lost more than Rs 1,750 crore to cyber criminals in the first four months of this year itself. In fact, according to the RBI's annual report, the number of online fraud cases has increased by 708% in the last two years.

Enhancing Fraud Detection with Blockchain Technology for Faster and More Secure Fund Recovery

Few phenomena are more troubling for federal programs than the loss of dollars through fraud. Each year this form of waste results in billions of dollars of improper payments. Health care delivery programs are among the biggest targets. Watch on-demand as we talk with leaders from the CMS, HHS, VA, and Optum Serve.

The post Data forms the foundation of fraud detection programs first appeared on Federal News Network.

Faster authentication can reduce contact center costs, help eliminate the need for security questions, and contribute to an enhanced customer experience