FRA

Forensic Risk Alliance

In the Press

FRA Director joins the panel at Transparency International Sweden

Following the launch of a new Transparency International chapter in Sweden, anti-corruption activists from the Baltic and Nordic region are meeting to discuss clean trade, good corporate governance and European integration at the Transparency International Swedish Chapter event in Stockholm.

FRA Data Analytics Director, Rasoul Golparvar, is joining the Digitalization in Compliance panel. He will be discussing how to leverage data and analytics to enhance compliance. Rasoul has over 18 years of experience in the areas of data, analytics and software development and has extensive experience applying data analytic techniques on structured and unstructured datasets to detect, investigate and prevent instances of fraud, corruption, misconduct and other non-compliance issues.

Two other external guests will give their views on Digitalization in Compliance:

Patrick Couch, Business Developer, AI & Cognitive Technologies, IBM

  • “Trust & Transparency in the Age of AI”

Eliza Kücükaslan, CEO, Klarity

  • “How to use digital tools to create a movement against corruption.”
  •  Klarity shares some of the experiences from their pilot case in Ghana of using new technology to empower the many to fight  everyday corruption.

Key insights will be shared on our website after the forum.

WWL France: Investigations Forensic Experts 2019

FRA Partner Yousr Khalil has been included in Who’s Who Legal France 2019. WWL recognize just six experts for their leading work on forensic accounting, eDiscovery, computer forensics, and data recovery and analysis.

WWL says “Yousr is a standout practitioner in the French market who excels on issues such as procurement disputes, internal investigations, and fraud and corruption cases.

Yousr is also included in Who’s Who Legal Investigations Forensic Accountants and is praised for her “tireless devotion to uncovering the facts” with clients giving particular praise for her “excellent communication skills and ability to aggregate data”.

Who’s Who Legal is a comprehensive guide to the leading professionals across the globe specializing in economic, forensic and litigation consulting and transactional services. Since 1996 Who’s Who Legal has identified the foremost legal practitioners and consulting experts in business law based upon comprehensive, independent research. It is impossible to buy entry into this publication.

www.whoswholegal.com

The Importance of Memory Forensics in Fraud Investigations

As technology becomes more prevalent in our day-to-day lives, so does the likelihood that fraudulent behavior will be disguised within the folds of seemingly endless electronic data. As a result, fraud investigations have become heavily reliant on electronically stored evidence, thus making digital forensics professionals an essential part of modern-day investigations.

There are a few sources of this valuable electronic information, including dynamic data. Dynamic data is information that is periodically updated, like computer memory or Random Access Memory (RAM). RAM temporarily holds data being used by a computer’s internal processes, which can include browsing history or cryptographic keys. However, RAM can be volatile – all data stored in RAM is lost when a computer is powered off. Knowing this, digital forensics professionals are keen to take this into account during forensic collection.

Members of FRA’s eDiscovery team located a password-protected file that they could not crack. Unable to open the file using traditional forensic tools, but armed with the knowledge that the computer’s RAM had been preserved, the team was able to create a word list from the memory and decrypt the protected file.

In the March issue of The Lawyer, FRA Senior Director Russell Miller, and FRA Director William Odom, discuss the importance of memory forensics.

Efficiently Managing Disputes to Win

For many business disputes, forensic consultants with financial, business, and technological expertise provide multiple benefits to both lawyers and their clients. Forensic consultants find themselves uniquely positioned to provide multiple benefits to law firms in the midst of disputes, from early case assessment through trial.

In an increasingly electronic society, seemingly everything is captured and stored, and these massive amounts of electronically stored information have increased both the costs and complexity of disputes. Forensic consultants find themselves better equipped to handle these massive amounts of stored electronic data. Not only do they possess advanced eDiscovery platforms, but they also have an experienced team of professionals to operate these platforms, ultimately saving law firms and their clients’ money by not having to incur these costs in-house.

Moreover, forensic consultants are able to look beyond surface level causations. They are able to easily assess loss periods and damage calculations, as well as causation and mitigation early on in a case and can forecast likely outcomes. This type of assessment can help set realistic expectations regarding the potential financial return.

In the latest issue of The Lawyer, FRA Senior Director Susan Dillon further illustrates how forensic consultants add immeasurable value to business disputes.

FRA Director Rasoul Golparvar speaking at the ABC Minds Financial Services Conference

FRA is sponsoring the ABC Minds Financial Services Conference on 26 February. It is an exclusive event for compliance professionals, in-house counsel, and enforcement agencies on the fight against corruption across banking, insurance, investment, and securities.

FRA Director, Rasoul Golparvar, will be speaking on the panel: Investigating in the Modern Age – Technology, Techniques and Transparency. He will be joined by Alexandra Howlett, VP, Senior Investigator, BNY Mellon, Angela Cowie, EMEA Head of Anti-Bribery & Corruption, Wells Fargo and Chief Superintendent Matthew Gardner, Head of Internal Affairs and Professional Standards from the London Metropolitan Police Service.

Find out more about the event here.