Program content
The government, like the private sector, is vulnerable to fraudsters – both outsiders and insiders – who attempt to cheat and abuse the system. Each year, billions of tax dollars paid by hardworking citizens are lost to improper payments due to fraud, error, waste and abuse. As a result, government agencies at all levels are feeling the pressure of increased accountability and are now under increased scrutiny for the misuse of funds originally intended to provide services and programs to citizens.
Estimates indicate that the federal government lost more than $40.5 billion dollars to improper payments in fiscal year 2006. Federal agencies have struggled to comply with the Improper Payments Information Act since it was enacted in 2002. In fact, agencies fight a war against fraud, waste and abuse on many fronts, from erroneous healthcare claims to food stamp and visa fraud.
At the heart of the problem are disaggregated and multiple data sources that make it difficult to identify and understand the different factors and drivers behind fraud and erroneous payments. Experts from the private and public sectors will discuss strategies for combating fraud, waste and abuse.
During the webcast, you will learn how you can:
- Reduce erroneous payments and duplicate billings by eliminating duplicate names, addresses and identifying information in your IT systems.
- Predict the likelihood that a transaction will be fraudulent and flag suspicious activity for further investigation.
- Track program purchases, payments and costs to ensure they are necessary, proper and justified.
- Use predictive analytics, including data mining, to prevent fraudulent activity before it occurs.
Who should attend?
CIOs, deputy CIOs, CFOs, deputy CFOs, PEOs, deputy PEOs, inspectors general, deputy inspectors general, IT managers and program managers.
About Colleen McLaughlin McCue, DeticaDFI; Revathi Subramanian, SAS
Colleen McLaughlin McCue, PhD is a Senior Manager at DeticaDFI, contributing to their capacity in deep analytics and knowledge discovery. Prior to joining DeticaDFI, Dr. McCue was a Senior Research Scientist at RTI International where her research involved the application of deep analytics to the analysis of crime and intelligence data, with particular emphasis on fraud detection, national security, and the behavioral analysis of violent crime.
While at RTI, Dr McCue led a multidisciplinary team to develop anti-fraud requirements for electronic health records for the US Department of Health and Human Services. During this time she also used data mining to identify and characterize patterns of interviewer falsification and fraud, and research misconduct for a large federal study.
Revathi Subramanian has more than a decade of experience working with financial industry organizations and government agencies in applying high-end analytical techniques to address various fraud and risk problems. Subramanian has extensive experience in applying neural networks and other non-linear models to large volumes of data to address high-value, hard-to-solve business problems. She is named as an inventor in five impending patents. Some of the products she has been involved in developing, including SAS® Fraud Management for Card Portfolios, are considered to be best-in-class in the industry.
