EY put out a piece in January 2020 entitled “How to combat economic crime in a digital age”.  The piece states, among other things:

“As well as the simple proliferation of existing crimes, technological developments have introduced new vectors for crime.  The development of cryptocurrencies and their availability as mechanisms for storing or transmitting value in an anonymous or pseudonymous fashion have transformed some aspects of economic crime.  Nonetheless, conventional business fraud seems, for the time being, likely to continue to be carried out using fiat currency.”

It also states that:

“The ability to analyze unstructured data alongside structured data sources and to integrate the findings using behavioral and social networking analytics allows employers, within the bounds of local privacy laws, to combine other techniques, such as predictive modeling, audio analytics, text mining and geospatial analysis, to build a comprehensive picture of risk indicators to guide those escalation decisions and target interventions where they will be most effective.”

Read the full piece here.