Detecting insider risks | Dave Burroughs, Partner | Stoneturn

What is insider risk, and how can it be detected? In this episode, Simon is joined by Dave Burroughs, a fraud and forensic investigations expert who spent 25 years in the FBI and continues to offer his expertise in fraud as a Partner at Stoneturn, a global professional services firm. They discuss all things insider risk: what it is, the motivations behind it, and the red flags to look out for.

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Key Quotes:

“Insider risk has a lot of definitions, but, generally speaking, it's really anyone (that could be an employee, a subcontractor, a fellow, a partner of the organization) who has access to information and or assets and maliciously or unwittingly exploits that access and basically exposes those assets.”

“[Company culture] is a key factor. Your technology is only going to take you so far.”

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Time stamps:

(01:37) What is insider risk?

(04:12) What motivates insiders to act nefariously?

(07:06) How company culture impacts insider risk 

(08:31) Red flags to look out for 

(12:32) What role does technology pay? 

(16:06) Surprises and lessons from Dave’s time in the FBI

(21:10) The most interesting fraud case Dave has worked on 

(24:14) The longest case he’s worked on 

(26:33) How will the fraud landscape change in the next few years? 

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Links:

Dave Burroughs on LinkedIn
Simon Horswell on LinkedIn

The Fraud Lab

Onfido’s Identity Fraud Report 

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