Understanding Leak Detection

What is Leak Detection?

Leak detection refers to the process of identifying and monitoring potential leaks in financial systems, such as banks, stock exchanges, or other institutions. These leaks can occur due to various reasons, including human error, technical glitches, or external factors like cyber attacks.

• Benefits of Leak Detection:
• Real-time alerts and notifications
• Improved security measures
• Enhanced risk management

Types of Leaks in Finance

Common Types ofLeaks Found in Finance Systems

Some common types of leaks found in finance systems include:

• Tax evasion
• Neither-nor tax evasion
• Social welfare programs
• Public sector subsidies