Preventing Workplace Fraud & Collusion
According to the Association of Certified Fraud Examiners, the financial toll of occupational fraud grows exponentially with collusion. A single fraud perpetrator causes a median loss of $75,000. When two […]
Category: Fraud
Protect Your Business from BEC Fraud
Business Email Compromise (BEC) has become one of the most costly cybercrimes today. The FBI’s Internet Crime Complaint Center (IC3) reports that between October 2013 and December 2023, organizations suffered […]
Understand the Risks before Outsourcing to Contractors
During busy periods, such as the holidays, businesses often outsource to third-party contractors to handle additional workloads. This approach can be a cost-effective way to meet customer demand without committing […]
Protect Your Nonprofit from Holiday Fraud
The busy year-end giving season, coupled with holiday absences, can leave your nonprofit vulnerable to fraud. This risk increases if you rely on more volunteers during this time, host special […]
Can You Trust Your Job Candidates? Uncovering Resume Fraud
In today’s competitive job market, applicants often feel pressure to make their resumes stand out. For some, this means embellishing the truth or even outright falsification of their qualifications, experience, […]
International Fraud Awareness Week 2024
International Fraud Awareness Week, led by the Association of Certified Fraud Examiners (ACFE), runs from November 17-23. This global initiative aims to spotlight fraud, promote prevention strategies, and encourage businesses […]
Protecting Employee 401(k) Savings from Fraud
Recently, a 401(k) participant lost approximately $740,000 in an intricate scam orchestrated by overseas criminals. Alarming cases also reveal that friends, family, and even employers have been implicated in 401(k) […]
Protecting Your Business from ATM Skimming Threats
ATM skimming, where criminals use concealed digital devices to steal credit and debit card information, is a serious threat that can lead to major financial losses for businesses. The FBI […]
Beware of Charity Scams Following Natural Disasters
Following natural disasters like Hurricanes Milton and Helene, many feel compelled to help those affected by donating to charities. Unfortunately, scammers often exploit this generosity by creating fraudulent organizations. The […]
Why Your Business Must Safeguard Against Executive Fraud
You may fully trust your executive team, but research shows that executive level fraud can be extremely costly. According to the Association of Certified Fraud Examiners’ (ACFE) Occupational Fraud 2024: […]
Preventing Employee Misuse of Work-Issued Credit Cards
Imagine one of your nonprofit’s employees misuse their work issued credit card to make substantial personal purchases. You might assume the solution is simple: terminate the employee, report the issue […]
All-In-One Protection: Merging Cyber and Physical Security
Protecting your small business from theft has become more complex than ever. In the past, simply locking doors was enough to deter intruders, but today businesses must deal with both […]
