Greenwashing has become a hot headline in the news and a viral topic on social media in the last two years. The term, first coined by Jay Westerveld in the 1980s, is a “marketing [...]
Corporate leaks of classified or sensitive information are prone to occur, ranging from simple human mistakes to full-blown dataset hacks. Companies need to be aware of such risks. A number of [...]
ESG euphoria and the threat of the fraud triangle The Environment, Social, and Governance (ESG) standard has become a hot topic widely discussed by the public, in company board meetings, audit [...]
“Data is the new oil.” This phrase implies that in today’s digital world, data is a very valuable asset for those who can make use of it. The Bjorka case, which was followed by [...]
Insurance companies should be wary of the various types and modes of insurance fraud. Starting from the falsification of personal documents and the insured’s name and profile, mark-ups, to even [...]
While the public’s memory of the Dieselgate mega scandal of 2015 remains fresh in their minds, a similar scandal recently unfolded involving a Japanese automaker, Hino. In early March 2022, [...]
According to a study, companies suffer losses amounting to 5% of their revenue due to fraud. With this significant percentage in losses, what do companies do to these perpetrators of fraud, who [...]
The popularity of cryptocurrencies has rendered it a target for hackers. Now, crypto owners need to be more vigilant than ever as hackers are always trying to get ahead to trick their targets. [...]
Detecting fraud committed by one person is difficult enough, but this difficulty increases significantly when multiple people collaborate. It’s no surprise that collusion is one of the most [...]
The degree of loss caused by occupational fraud is strongly tied to the perpetrator’s position. The higher the perpetrator’s position, the larger the potential loss. Report to the [...]
