Whistleblowers can sometimes pay a high price for telling the truth. As they may be targeted for retaliation from the company or organization they belong to. The company’s retaliation can result [...]
Corruption is a global phenomenon. No organization is immune to corruption or other violations, including higher educational institutions (universities). Although there is no statistical data [...]
For the past couple of weeks, US President Donald Trump was rumored to be on the brink of impeachment after his conversation with the Ukrainian president Volodymyr Zelenskiy was revealed to the [...]
One of the important lessons in the biggest fraud case in Europe that occurred in Danske Bank was the importance of companies investigating whistleblower reports. If Danske Bank had investigated [...]
Based on 2018 Report to the Nations: Global Study on Occupational Fraud and Abuse, industries that were affected by occupational fraud most frequently are banking and finance services, [...]
The fact that millions of Facebook user data leaked in March may never be revealed if there is no whistleblower, Christopher Wylie. The twenty-eight-year-old man who once worked for Cambridge [...]
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 [...]
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 [...]
Fraud risks are a common type of risk that every company faces. It can bring a devastating impact for both business and public, from draining financial resources to a damaged reputation. When the [...]
