According to ACFE’s 2018 Report to The Nation, each company loses an average of 5% from its annual revenue. In response to the expensive costs, many companies have implemented strong internal [...]
Running due diligence on prospective vendors is a logical way to minimize all potential risks that may arise once the cooperation runs. The thorough and well- executed due diligence brings the [...]
Having a whistleblowing hotline does not automatically prevent the fraud from occurring. A company should maintain its effectiveness from time to time, which is not as easy as it looks. Many [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
