Most companies usually only screen their employees once during the pre-hiring stage to ensure that data provided in the resume / CV such as ID, residential address, education, and employment [...]
According to ACFE’s 2018 Report to The Nations, tips were by far the most common means of fraud detection at 40% of the most cases. However, many companies undermine the critical role play of [...]
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 [...]
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 [...]
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 [...]
