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What is SentinelDB?

SentinelDB utilizes advanced field-level encryption paired with a comprehensive key hierarchy to make data breaches nearly impossible. It adheres to rigorous data protection and auditing standards including GDPR, HIPAA, CCPA, NIST, PCI DSS, PSD2, and ISO 27001. The platform boasts complete system oversight, featuring a blockchain-based audit trail that is immutable and enhanced by AI to detect fraudulent activities. It ensures scalability, high availability, and efficient backup processes, allowing users to concentrate solely on data transmission and retrieval. Each individual record is encrypted, which strengthens the security measures in place to thwart unauthorized access, even from users with elevated privileges. Furthermore, any fraudulent activity triggers instant real-time alerts, adding an additional layer of security to the system. Building a compliant database along with its audit trail from scratch can be an expensive and protracted process, often stretching over several months. In contrast, SentinelDB provides seamless API integration, requiring only minor modifications to existing systems and workflows, which streamlines the transition to a more secure and compliant environment. This efficiency not only makes the upgrade more manageable but also enhances overall operational effectiveness.

What is CPA Fraud Detection Service?

Benford's law is an effective method for revealing patterns that may indicate fraudulent disbursements. It requires the analysis of audit trail reports from accounting software such as QuickBooks to identify suspicious actions like voids and deletions. Moreover, it also includes the detection of multiple payments made for the same amount on a single day. A comprehensive examination of payroll runs is performed to find any discrepancies, particularly payments that exceed designated salary or hourly rates. Payments made on days when businesses are closed are given extra attention. By employing statistical analyses, outliers that could point to fraud are uncovered, and duplicate payments are verified for accuracy. Furthermore, vendor files in accounts payable are scrutinized for names that may appear strikingly similar, leading to investigations into potential fictitious vendors. Comparisons of vendor addresses and payroll information are assessed through Z-Scores and relative size factor tests. Although data monitoring and unexpected audits have proven to significantly mitigate fraud losses, merely 37% of organizations have implemented these vital controls. For smaller businesses with fewer than 100 employees, the average estimated loss attributed to fraud stands at $200,000, underscoring the fact that these enterprises typically lack sufficient resources to effectively identify and respond to fraudulent activities. Therefore, it becomes crucial for small businesses to embrace more robust fraud detection strategies to protect their financial health and ensure long-term sustainability. By doing so, they can not only detect irregularities but also foster a culture of transparency and accountability within their operations.

Media

Media

Integrations Supported

Amazon Web Services (AWS)
Box
Dropbox
Google Cloud Platform
Google Workspace
Kubernetes
Microsoft 365
Microsoft Azure
Salesforce
WordPress
Zoom

Integrations Supported

Amazon Web Services (AWS)
Box
Dropbox
Google Cloud Platform
Google Workspace
Kubernetes
Microsoft 365
Microsoft Azure
Salesforce
WordPress
Zoom

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$1,400 one-time payment
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

LogSentinel

Date Founded

2017

Company Location

Netherlands

Company Website

logsentinel.com/sentineldb/

Company Facts

Organization Name

MedCXO

Company Location

United States

Company Website

medcxo.com/fraud/

Categories and Features

Categories and Features

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

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