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Jun 13, 2024 · These challenges included sharing information about potential threats. Last December, we highlighted challenges reported by nonfederal entities in accessing the support they need from the federal government to address vulnerabilities. We’ve made 126 recommendations to better protect the cybersecurity of critical infrastructure.
Nov 14, 2024 · And, we just published our first Scams Advisory to highlight the most recent online fraud and scams trends and tactics. Today, we're sharing policy recommendations and a call to action for how governments, providers like Google, and affected industries can collaborate to fight this threat: 1. Enable cooperation and sharing
Nov 2, 2023 · Amid this rising cyber-related FCA activity, government-contracted tech companies and other organizations receiving government funds must understand how regulators and private whistleblowers alike are using the FCA to enforce required cybersecurity standards.
Apr 16, 2024 · As part of GAO's work on managing fraud risks, this report (1) estimates the range of total direct annual financial losses from fraud based on 2018-2022 data and (2) identifies opportunities and challenges in fraud estimation to support fraud risk management.
- Why This Matters
- What Data on Federal Fraud Currently Exist?
- What Could Help Better Determine The Total Extent of Fraud?
Congress has long been interested in how much fraud exists across the federal government. Reliably determining the extent of fraud – both frequency and impacts – in all federal programs could help Congress and agency officials prioritize fraud prevention and detection resources. In light of this interest, we examined select data on federal fraud an...
Various entities report data that provide insights into the extent of federal fraud. However, differing methodologies, incomplete data, and inconsistent reporting mean that these figures cannot be added to determine total fraud. The Council of Inspectors General on Integrity and Efficiency (CIGIE) reports annually on its accomplishments to the Pres...
Use Definitions Consistently.Although fraud statutes are often tailored to apply to specific types of fraud, using common definitions when measuring and estimating fraud could improve the comparabi...Improve Detection and Reporting.Using fraud detection and reporting mechanisms, such as hotlines and data analytics, may help agencies learn of fraudulent activity. Incentives may also aid detectio...Enhance Data Collection.Timely and complete collection of reliable data may help agencies better understand fraud trends, impact, or scope. Although this may require increased resource investment f...Online shopping issues were the second most commonly reported in the fraud category, followed by prizes, sweepstakes, and lotteries; investment-related reports; and business and job opportunity scams. Another first is the method scammers reportedly used to reach consumers most commonly in 2023: email.
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Oct 4, 2021 · Drawing lessons from the Antitrust Division's past and present enforcement efforts, companies seeking government contracts should assess their risk in four key areas by asking the following questions.
