Anil Kona is the CEO of Vertical Discovery Corp, a tech company dedicated to the evolution of eDiscovery. He is also the CEO of Spectrum Analytics. He joins Vince Walden to discuss global fraud and what Spectrum is doing to eradicate it.
According to the Association of Certified Fraud Examiners, the projected global loss due to fraud is estimated to be $3.5 trillion by 2020. Organizations worldwide lose 5% of their revenue to fraud, Anil cites. Now more than ever, he points out, the market needs a fully integrated automated forensic data analytics platform that has a low entry barrier and can carry out internal audits to identify fraud.
Spectrum Analytics was built to address various risk areas, including regular financial fraud and online fraud. Spectrum has developed an automation that lowers the barrier to entry by dividing it into four categories.
Anil Kona on LinkedIn | Twitter