The Government Accountability Office estimated that during the pandemic, between 11% and 15% of unemployment payments made by states were fraudulent — a loss totalling around $100 to $135 billion.
Fast-forward to today: Threat actors and organized groups have become increasingly sophisticated, and program fraud is a constant — and costly — concern.
In Unleashing the Power of Data: Winning the War on Fraud in State Benefit Programs, you’ll learn:
- How difficult it can be to quantify the total cost of fraud for each state or within each program.
- The criticality of having the right tools to detect and prevent schemes while lifting the burden from swamped employees.
- How Splunk helped the state of New Jersey save over $7 billion in potential fraud losses.
Read Unleashing the Power of Data: Winning the War on Fraud in State Benefit Programs to learn more about how the computational abilities of Splunk are designed to search through any type of data, regardless of its source, and find patterns, trends, and anomalies that would otherwise be impossible to detect.