The white-collar hacking contest is a serious game to teach, discuss, and advance fraud examination methods and techniques. Participants compete against each other as they, in turn, act as fraudsters and fraud examiners. Enterprise resource planning systems serve as the playing field.
Experience what it means to be a fraudster
- Develop a fraud scheme.
- Realize the fraud scheme in enterprise resource planning systems.
- Use the functionality of the enterprise resource planning system to camouflage suspicious activities.
- Survive the investigation by fraud examiners
Experience what it takes to be a successful fraud examiner
- Understand how business processes are represented in an enterprise resource planning system.
- Analyze data of business transactions.
- Identify red flags in the data
- Uncover the fraud scheme and collect hard evidence.
- Confront the fraudster.
Compete against each other
Participants compete against each other as they, in turn, act as fraudsters and fraud examiners.
- Devise a fraud scheme and realize it in the enterprise resource planning system.
- We will swap the systems between participants.
- Examine the system of another participant for fraud. You know it is in there but where?
The key to success is to combine skills in accounting and management with the forensic capabilities to investigate enterprise information systems and to establish credible evidence of fraud, even when facing highly ambiguous cases.
Wait, but isn’t this like training the criminals of the future?
We firmly believe it is not. Instead, thinking and acting as a fraudster in a safe-guarded environment is an invaluable experience on the way of becoming a highly effective fraud examiner.
- The 2012 white-collar hacking contest was the first of its kind and was held at Technische Universität München (TUM). The contest was supported by KPMG. The 2012 white-collar hacking contest was awarded the Ernst-Otto Fischer Teaching Award (Link in German).
- The 2014 white-collar hacking contest attracted the support by several industry partners who served as coaches to the students. The participants of the 2014 white-collar hacking contest were 27 students from Technische Universität München (TUM) and Hochschule Heilbronn (HHN). There is now a separate white-collar hacking contest offered at the Hochschule Heilbronn (HHN). Learn more here (Link in German).
- The 2015 white-collar hacking contest was supported by Celonis, a Munich-based specialist on process-mining. The participants of the 2015 white-collar hacking contest are students from Technische Universität München (TUM) and from the Forensic Accounting program at De Montfort University.
Want to know more?
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