Investigative Data Mining News

NEWS TODAY .......

IDM is pleased to announce that the joint development agreement between Auditware Systems Limited, IDM D.A.T.A. Solutions Limited (“IDS”) and IDM to develop fraud and risk profiling solutions is close to releasing the Government Procurement Card Profiler (“GPCP™”) to run on an IDEA™ audit software platform. For further details on the IDS range of software applications, please follow the link to www.ids.gb.com.

Investigative Data Mining Ltd is pleased to
announce that it has been awarded a three
year Enabling Contract to provide data mining services to the MOD.

The Association of Certified Fraud Examiners (ACFE) has called for IDM to
update the UK ACFE manual on data Mining. This is the third time that this
has been requested since it was originally written in 2000.

The "Good Practice in Tackling External Fraud" publication, which has been
produced through collaborations between the National Audit Office (NAO) and
HM Treasury, highlights both the useful nature and importance of Data
Mining. This refers to the 2003 HM Treasury Fraud Report to which Richard
Kusnierz has contributed an article. You can view both of these items by
clicking on the links below:

2002-2003 FRAUD REPORT - Anti-fraud Advice and guidance
Good Practice in Tackling External Fraud

IDM has produced a White Paper on "Proactive Risk Control and Fraud
Profiling". To order your free copy or for further details, please email
Paul Evans on paulevans@idmfraud.com

IDM is pleased to announce that our Technical Director, Alan Livesey, has
been selected in a pan-European open tender to train the European Anti-Fraud Office (OLAF) in Brussels in modern methods of electronic fraud detection.
OLAF's mission is to "protect the interests of the European Union, to fight
fraud, corruption and any other irregular activity, including misconduct
within the European Institutions". Once more, IDM's position as the premier data mining consultancy has been reinforced.