Machines on the trail, beware human fraudsters!
October 25 2019 10:23 PM
Members of the Institute of Internal Auditors (IIA) after a session on Artificial Intelligence (AI)
Members of the Institute of Internal Auditors (IIA) after a session on Artificial Intelligence (AI) in fraud detection.

The Institute of Internal Auditors (IIA) recently hosted a session on Artificial Intelligence (AI) in fraud detection.
Participants of the session listened to Hatem Elsafty, partner at Mazars-Qatar. Marwan Arab AI & Machine Learning Architect with Mazars presented case studies with the ‘Artificial Intelligence Fraud Fight Platform (AIFF)’ developed by Mazars with Pandata, provides predictive and forensic intelligence solutions for fraud detection.
During the session, Elsafty explained the concept of fraud, artificial intelligence, and machine learning using real-life examples and scenarios.
“We are living in an era of advanced technologies that changed the way we do business. Artificial Intelligence (AI) and the use of Big Data are two of the leading technologies that provided useful business applications to automate and significantly support the reduction of fraud and corruption,” said Elsafty.
Elsafty explained practical ways of how AI-based applications could be useful for detecting accounting fraud, bills and providers fraud, corporate mail fraud scams, and expenses fraud.
IIA Qatar board member Sundaresan Rajeswar said, “AI is one of the defining business opportunities today. The challenge is how we can rise to seize that opportunity and exploit that potential at scale. Education is the key differentiator, and technology and innovation will be in focus in our knowledge-sharing events.”
The IIA Chapter will be hosting another event on October 27 on ‘Integrated Thinking and Reporting’ by Zach le Roux from South Africa. He is the founder and CEO of Audit & Governance and has trained more than 6,000 auditors to more than 110 customers over the past 25 years.



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