With the rise of digital document processing technology, the use of manipulated documents by fraud perpetrators has increased significantly, making it difficult to distinguish genuine documents with the naked eye. According to ACFE's Report to the Nations 2022, fraud perpetrators commonly create fake physical and electronic documents, including altered bank statements,...
To protect the impact of the EU market on worldwide deforestation and forest degradation, the European Union approved a new legislation on 19 April 2023. Known as the EU Deforestation Regulation ("EUDR"), it requires operators and traders dealing in certain goods and their derivatives from seven specific commodities (cattle, cocoa, coffee,...
The implementation of the Supply Chain Due Diligence Act (SCDDA): challenges and solutions Amazon, IKEA, and Tom Tailor have been reported to the National Garment Workers Federation (NGWF) in Bangladesh for violations under the Supply Chain Due Diligence Act (SCDDA). This is the first report since the SCDDA came into effect...
“Measure twice, cut once” is a well-known expression in the construction industry. However, this message applies just as much to the world of investment. Before making an investment decision, potential investors must ensure that they are putting their eggs in the right basket. Therefore, when it comes to investing, the...
The metaverse paves way for new commercial opportunities for businesses to reach customers. However, this new opportunity comes with risks: trademark infringement. In simple terms, the metaverse is a virtual world or a collection of interconnected virtual worlds that people can enter and interact with using technology. In this virtual world,...
Engaging in business affairs with foreign companies can be challenging. This is particularly true when it comes to addressing concerns over their potential environmental and social impacts, accusations of unfair business practices, as well as competition with local companies. Thus, the European Commission’s Corporate sustainability due diligence, the US Foreign Corrupt...
More and more organizations are utilizing third parties to increase efficiency. One of the ways they are doing this is by working with outsourcing companies to meet the human resource needs for business support activities. In principle, outsourcing companies take over processes that are not related to the core business...
Elon Musk has been in the news for the past couple of months following his acquisition of Twitter, one of the largest social media networks in the world. In his most recent controversy, Musk took an aim at the OSINT community, which quickly turned into a polemic. The “war” between Musk...
A due diligence lacking diligence: A major investor duped out of fraudulent investments In addition to the ongoing FTX fraud case involving a big investor firm, the business world has again been shaken by a startup fraud case involving a major investor: JPMorgan Chase (JPMC). Frank, a startup, is being sued by...
Integrity Indonesia raises the bar for data security by achieving ISO 27001:2013 certification PT Integrity Indonesia has obtained the ISO 27001:2013 Information Security Management System (ISMS) certification after an extensive audit procedure. On Wednesday, 18 January 2023, the certificate awarding ceremony was held at PT Integrity Indonesia's office. This achievement represents PT...
