Case Study
Mitigating Risk With External Data, A Guide For CROs
Mitigating Risk With External Data, A Guide For CROs3 Table of contents Reducing risk without reinventing the wheel 3 The rising cost of fraud 6 Leveraging machine learning for risk reduction 9 Use cases: is your data really enough? 13 Final thoughts: can you handle the pace of change? 18 About Explorium 21 Reducing risk without reinventing the wheel Risk is becoming harder to identify as the world becomes more volatile and fraud continues to outpace our ability to identify it. It’s the very last thing any CRO wants to hear — but unfortunately, it’s true. This makes assessing risk an incredibly slippery task. In volatile times, risky behavior and fraud attempts increase, while indicators that something is seriously amiss are shifting all the time. Looking back at how you worke