Expert Talk Use of Forensic Science in Corporate Sectors, Shri Vaishnav Vidyapeeth Vishwavidyalaya, Indore
As a forensic entrepreneur, I know how difficult
it is for businesses to maintain a smooth workflow. And with increased
digitalization, the number of fraud cases has risen manifold.
To educate our budding forensic experts about
the threats and challenges the corporate sector faces, and how forensics can
help overcome threats and identify suspects, I was invited by Shri Vaishnav
Vidyapeeth Vishwavidyalaya in Indore to deliver a lecture on the topic
"Use of Forensic Science in Corporate Sectors" on May 12, 2023.
Here are a few of the key points I covered
during my lecture:
Financial Fraud Investigations: Forensic
accountants use several techniques to spot and analyze financial frauds, like
analysing financial statements, transactions, etc. Businesses can benefit from
these investigations to recover losses and identify the person or group
responsible for the fraud.
Digital Forensics: Nowadays, due to the
increased use of technology, businesses are vulnerable to cyberattacks and data
breaches. It can lead to asset losses and harm their online reputation. Digital
forensics experts use specialized software and techniques to investigate
cybercrimes and recover lost data. They can also analyze digital evidence, such
as emails, chat logs, and social media activity, to identify the perpetrators
of cybercrimes.
Intellectual Property Investigations: It is
crucial for businesses to protect their intellectual property. Forensic experts
can help in analysing and comparing products, identifying counterfeits, and
detecting trademark infringement. These investigations help businesses protect
their intellectual property and prevent losses.
Workplace Investigations: Businesses can suffer
huge losses due to employee misconduct like theft, discrimination, harassment,
etc. Physical evidence like fingerprints and DNA, as well as digital evidence
like chats and emails, can be analysed by forensic experts to identify the
person responsible for the misconduct.
Employee Background Checks: These are a must for
businesses of all sizes to make informed hiring decisions, hire only qualified
and trustworthy employees, and maintain a safe and secure workplace. Forensic
experts conduct background checks to analyze criminal records, verify education
and employment histories, establish the legitimacy of degrees, and might also
conduct interviews with the references provided.
Litigation Support: Even when businesses have
proof of misconduct, they need to present it in court. Forensic experts, apart
from examining the evidence, can provide expert testimony and assist with case
preparation. It helps businesses build strong legal cases and increase their
chances of success in court.
It is only a glimpse of how forensic science can
be applied in the corporate sector. By leveraging the expertise of forensic
experts, businesses can protect themselves from losses, prevent future crimes,
and ensure a safe and secure workplace.
I am glad to have delivered a lecture to
students whose enthusiasm and curiosity to learn more about the topic were
remarkable.
I am also grateful to the organizers and Vice
Chancellor, Dr. Upinder Dhar, for the opportunity to share my knowledge and
experience!
Contact me if you want to know how I can help
your organization in solving complex cases.
