September of 2017, United States citizens were surprised by the hacking of Equifax, the company’s providers of reports and credit scores. A total of 143 million credit card user data was [...]
Fraud has always been a challenge for financial institutions, especially with the development of the digital world. Digital innovation opens more opportunities for fraudulent acts and brings [...]
Fraud has always been a challenge for financial institutions, especially with the development of the digital world. Digital innovation opens more opportunities for fraudulent acts and brings [...]
Fraud becomes a classic problem, even a silent killer for a company. Although every company claims that they were free of fraud, but in reality, no company is completely free from fraud threats. [...]
Internal controls are sometimes not enough to detect a fraud. A survey conducted by Price Waterhouse Cooper in 2007 found that professional auditors were only able to detect 19% of frauds that [...]
Does your organization have a strategy to fight fraud? Since the risks of fraud cannot be underestimated, it is not enough just to detect and investigate fraud. Fraud can never be eliminated from [...]
One of the unwanted things about departing employees is that they leave with the company’s valuable data and intellectual property. Studies show that half of departing employees leave with [...]
Small businesses are vulnerable to fraud because they lack the resources to implement complete systems of internal controls and properly manage accounting duties among their limited staffs. This [...]
Fraud risk is universally faced by all size of organizations. Unfortunately, these threats often come from dishonest people who have been hired by the companies to carry out their businesses. [...]
Fraud, unethical behaviors, or dishonest activities within a company cannot be avoided completely. However, they can be minimized when it provides a formal reporting policy such as a [...]
