The client, an apparel manufacturer, commissioned an investigation to find out who was behind a spike in the short-selling of its shares and why. The investigation succeeded in identifying one hedge fund and, through a series of discreet contacts, uncovered that the hedge fund had been in contact with a finance executive whom the client had recently fired and who had turned over confidential financial data that he had removed from the company prior to his departure.
Navigating the intersection of innovation and regulation: Addressing fraud risks in the age of artificial intelligence (“AI”)
The rise of AI and generative artificial intelligence (GenAI) has been impactful in many industries, but there are inherent risks that organizations must...