As we’ve discussed in previous posts, protecting your organization against employee fraud collusion starts with monitoring activity, understanding that activity in the context of typical network activity and correlating activities in various channels and systems across the organization. There is a common sense element to all of this as well, which is as simple as “if it seems suspicious, it probably is.”

If two employees are conducting an excessive amount of activity on the same account (especially if they’re the only employees accessing that account), that’s a big red flag that collusion is taking place and it should be looked into by your fraud investigators.

So that’s it, right? Monitor, Analyze. Correlate. Use common sense. Follow those guidelines and you can cross the threat of fraud collusion off your worry list.

Not quite. There’s one more step we need to cover to making sure your organization has done everything it can do to to prevent employees from teaming up to cause your organization harm, and that’s using visual link analysis to link employees, customer accounts and suspicious activities.


Posted by Boaz Krelbaum

As the General Manager of Cyber Fraud & Risk Management for Bottomline Technologies, Boaz Krelbaum helps organizations reduce risk, prevent fraud and meet regulatory compliance requirements.