White Paper: Fraud Detection and Mitigation: A Technology-Driven and Risk-Informed Perspective for Today's Evolving Threats

Fraud is a deliberate act of deception for unlawful gain. It thrives in environments marked by ambiguity, scale, and speed; especially where financial resources are involved. Fraud takes root in systems lacking consistent oversight, standardized processes, and timely detection mechanisms.

Fraud remains a serious threat to government programs, compromising financial resources and public confidence. This white paper recommends a standardized, OMB-directed, GAO-aligned model for proactive fraud detection and prevention, supported by technology and collaboration.