Fraud Detection Using Big Data

Using Big Data to Prevent Fraud:  A fairly obvious application when you start to gather lots of operational data.    See Zylab.   " ... When it comes to data that will be analyzed and managed by outside parties, organizations need to develop policies and procedures around the data they plan to share to determine how those parties will protect the data once it is shared, says Tom Zeno, a former federal prosecutor who now has a data privacy practice at the Washington-based law firm Squire Sanders. ... "Data storage is huge, and not everyone needs access to all the data," he says. "This is a whole growing area as far as lawsuits." ... '