No one can deny that the success of any company relies on its employees. Therefore, selecting and hiring the right ones becomes a critical step in recruitment. The things that the candidate stated in two sheets of CV do not guarantee the employer from hiring the right ones. There have...
Whenever fraud is discovered, a few hours or days will become frustrating for a company. Should your company maintain a whistleblowing system, you would have the procedure necessary to help you through the hardest days while those who have not maintained one, the situation could be way more complicated. But,...
The fraudsters are getting smarter in utilizing technology and opportunities to launch their actions. The good news is that fraud prevention is very likely to be done by utilizing technology. The terms artificial intelligence (AI) and machine learning have become buzzwords in the fraud world in recent years. The two...
Along with technological developments, hackers continue to find new ways to commit data violations. 2018 scored a bad record in a data breach that was worse than before. According to the Breach Level Index, the total number of records compromised in the first half of 2018 was 3.3 million. That...
According to The Report to The Nation 2018 Global Study on Occupational Fraud and Abuse, the median duration of fraud is 16 months. That means in the average period of 16 months, the fraudsters repeat their crimes before they are finally revealed. Knowledge of the symptoms and causes of fraud occurs...
There has been a lot of debate among the researchers and no general consensus on what motivates an individual to blow the whistle. However, at least a result of a study entitled The Whistleblower's Dilemma and The Fairness-loyalty Tradeoff reveals that fairness and loyalty are basic human values that...
Identity theft does not only do happen to individuals, but also to business entities and that is what we call corporate identity theft. What is it actually? Like individuals, companies also have identities. What are the company identities? They are name, logo, domain, certificate, bank account number, and others attribute that...
Times change, trends change, and fraudsters are always searching for new opportunities to launch their actions by utilizing digital technology. Knowing the latest trends is very helpful for e-commerce to keep vigilant and be prepared in facing the increased potential fraud risks. The following are the three e-commerce trends 2019...
In welcoming the beginning of 2019, e-commerce needs to prepare a new strategy to protect the reputation of the platform and consumers from fraud. Juniper Research estimated that the annual losses suffered by e-commerce due to payment fraud are estimated at 48 billion dollars by 2023 which doubled from 22...
As the business world is reshaped constantly by the unprecedented market forces, implementing market-tailored hiring strategy is critical. Following the trend will help employers crafting the right hiring strategy. Over the next year, these trends require you to change your old hiring strategy. 1. Background screening on freelancer ‘Gig economy’, a term...
