As a consultant to implement a data-driven

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Case 1

Boxer Incorporated has hired you as a consultant to implement a data-driven fraud detection program in the company. One of the owners, Priscilla Boxer, asks you to give a presentation to several executives on the data-driven approach.

1. What are the primary advantages and disadvan- tages of this approach?

2. How does this approach compare to the tradi- tional, reactive approach to detecting fraud?

Reference no: EM131101794

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