90% of all the data that exists worldwide has been produced over the past two years. This exponential growth is expected to continue. In organizations, a large part of the information relating to communication, invoicing, project management, production and commercial activities is fixed in the digital domain. Part of it takes place in a structured environment, such as in the financial system or ERP system. An important part, however, also takes place in applications that store the data in a less structured manner, such as (email) correspondence or documentation systems. In daily practice, this abundance of data is a risk for many organizations. The grip on the processes can disappear and due to the increasing amounts of – dynamic – data, it is more difficult to stay ‘in control’ on privacy aspects, information security and fraud risks.
In addition to these risks, these developments also offer the necessary opportunities. Because the actions of users of an automated system leave more and more digital traces, there are also more and more opportunities to use the data within the company in a positive way. EBBEN Forensic Technology offers a number of solutions that are tailored to this.
EBBEN offers an e-Discovery solution for making research and keeping research manageable in the growing volume, particularly unstructured data. In this area we work together with technology partner Zylab , a renowned party that guarantees the continuous development and robust operation of the technology. EBBEN adds specific knowledge in the field of fraud, risk management, (data) governance and compliance, combined with extensive experience with the implementation and integrated application of e-discovery technology.
EBBEN Discovery © offers the possibility to efficiently search a large amount of data, filter, recognize patterns and visualize the results in an insightful way. This technology can make an important contribution to special investigations, but also as a data room for an M & A project, or for example for an audit on compliance aspects. EBBEN uses this technology in projects for clients, but also helps with the implementation of organizations that want to have access to this technology. Data can be processed efficiently and safely and managed in a controlled manner, from the beginning of the cycle (identification and collection) to the end (destruction).
An important toolset in providing insight into structured data in particular – for example in ERP systems or administrative environments – is data analysis. In the services of EBBEN, the focus for an important part is on what we call ‘fraud analytics’. This is a technique that can help trace fraudulent transactions or other irregularities. It starts by identifying the (digital) locations in the organization where relevant data are located. Experience shows that in the form of, for example, traffic data, logging, metadata, system data and databases, much more relevant data is often available than that which one would initially think. The second step is to identify the specific fraud risks for the organization and to link patterns in the data flow that can be related to them. Through analytical techniques, data mining, recognizing anomalies and visualization methods, insight can be gained into irregularities, fraud risks, notable exceptions and patterns that deserve further attention.
Data analysis and fraud analytics do not replace conventional controls and research methods, but add a number of important characteristics.Firstly, it becomes possible to break through the silo knowledge that still exists in many organizations. Data from different departments or processes can be combined and can thus provide new insights. A second point is the objectification of the efforts. If data analysis is used in a good way, an efficient and well-considered choice can be made for the targeted deployment of manpower. And last but not least, the developments in the field of data analysis and fraud analytics are going fast. Based on experience, systems themselves can learn to recognize patterns under the surface that are missed by conventional detection methods. In short: Fraud analytics is the future.
Searching for traces and evidence in an automated environment sometimes requires more than analysis or discovery of the readily available data. Many questions that relate to a user’s actions on a computer can be answered using forensic techniques. One can then think of recovering and clearing back deleted files, analyzing a timeline of events on a system or, for example, linking the leaking of sensitive information to a specific user of the system.
EBBEN has the power to secure, make insight and analyze data in a forensically sound manner in environments of all sizes and complexity. We have the knowledge and experience to support our customers by following the correct procedures and evidence, which has been developed in such a way that, if necessary, it can withstand the test of criticism in court.
With the growing amount of data on the internet, the possibilities for gathering information for different purposes also increase. This may be for performing a screening or due diligence investigation. But also information that is used in strategic analyzes or factual investigations.
Only a small part of the information can be found via Google or other search engines. With this, a fraction of the information on the internet is searched. Under water there is a sea of information in databases, and other – not directly accessible – sources, with which the difference can be made. EBBEN has the knowledge and tools to use this search power for our clients.