EY to 'raise bar' in spotting fraud after Wirecard scandal

By on
EY to 'raise bar' in spotting fraud after Wirecard scandal

Will mandate use of data analytics.

Global accounting firm EY 'regrets' not spotting fraud at German payments company Wirecard sooner and said it would use analytics technology to improve how it verifies information from clients. German regulators are examining EY's role as auditor for Wirecard, which collapsed in ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
analytics data ey finance fraud software wirecard

Sponsored Whitepapers

Five questions to ask before you upgrade to a SIEM solution
Five questions to ask before you upgrade to a SIEM solution
Effectively addressing advanced threats
Effectively addressing advanced threats
The risky business of open source
The risky business of open source
Ensure your e-signatures are legally binding
Ensure your e-signatures are legally binding
Mitigating open source risk in your organisation
Mitigating open source risk in your organisation

Events

Most Read Articles

Telstra blasts plan to 'set aside' mobile spectrum for Optus and TPG, but not it

Telstra blasts plan to 'set aside' mobile spectrum for Optus and TPG, but not it
Australia Post is building a digital twin of its delivery network

Australia Post is building a digital twin of its delivery network
Trump pardons former Google self-driving car engineer

Trump pardons former Google self-driving car engineer
NBN Co runs fixed wireless tower on diesel generator for over two years

NBN Co runs fixed wireless tower on diesel generator for over two years
You must be a registered member of iTnews to post a comment.
| Register

Log In

Username / Email:
Password:
  |  Forgot your password?