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Financial Security Case Studies
Public Company Fears Financial Irregularities
Forensics Examination Streamlines Internal Investigation
An accounting firm was conducting an audit of a publicly-owned company
when they came upon some accounting irregularities. The irregularities
were serious enough to potentially necessitate a re-stating of earnings.
Considering the many scandals currently blighting the corporate sector,
the accounting firm wished to confirm their findings before sounding any
public alarms. They retained NTI to conduct large-scale data mining to get
to the bottom of the irregularities.
Initially, NTI was requested to perform forensics examinations upon
scores of the publicly owned company's computers from locations around the
world – a service that would easily add up to over $100,000 in initial
consulting services. Working with the accounting firm and the company, NTI
convinced both parties to significantly narrow the universe of computers
to be searched; the conjecture was that given the parameters of the
matter, any trail of malfeasance would likely lead to the executive ranks.
The accounting firm and client agreed. Initial processing has revealed
several key leads, for a fraction of the initial projected expense; the
matter is ongoing.
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