International Fraud Investigation
Claims Professional, Businesses, Computer Forensics
Scenario
A transactional company in Latin America who handles the processing of ATM transactions for various banks was the object of an alleged crime in which an account was compromised and used in numerous transactions in London, UK for cash withdrawals to the tune of over $1.6 million USD.
LWG was tasked by a major insurance carrier to piece back the timeline of events and investigate as to how the system was exploited and who was involved in order to assess as to whether the claim was covered under an established insurance policy.
Challenge
Due to an advanced time in which LWG was called in and the frequency in which the data systems were utilized, the likelihood of recovering critical information pertinent to the case was greatly diminished.
Outcome
LWG conducted onsite interviews, analyzed security processes, and parsed through thousands of lines of code and transaction logs by utilizing advanced search and analytics software in order to provide our client with the necessary information they need to properly process the claim.