New Delhi, July 3 -- India's rapidly expanding digital economy is pushing companies to rethink how they investigate fraud, with organisations needing to move from post-incident probes to continuous forensic readiness as cybercrime becomes more sophisticated, according to a joint KPMG-FICCI report.

The report, "Next-Gen Forensic: The New Age of Fraud Investigation", said fraud has evolved from isolated incidents into a technology-driven ecosystem powered by stolen identities, artificial intelligence (AI), real-time payment infrastructure, social engineering and organised criminal networks, requiring businesses to fundamentally change the way they prepare for and respond to financial crime.

"Fraud has entered a new phase. It is no longer ...