Prevent and Detect Insider Cyberattacks
Sometimes a company’s biggest cyberattack threat comes from the inside. Here are some tips to help you prevent and detect insider cyberattacks. In one recent cybercrime scheme, a mortgage company […]
Category: Fraud
Preparing a Fraud Case for Law Enforcement
If you’ve caught an employee stealing from your company, you may think that turning the person over to the police will result in prosecution. That’s not necessarily true. Law enforcement […]
Prevent Retail Return Fraud From Damaging Holiday Profits
For most retailers, this is the most profitable season of the year. However, customer returns in January can cut deeply into December revenues — particularly if the returns are fraudulent. […]
When Investigating Fraud, Beware of Bias
Despite our best intentions, almost everyone brings some bias to human interactions — even business owners and executives investigating fraud. Sometimes bias can lead to the right conclusion. However, bias […]
How to Balance the Privacy Rights of Employers and Employees
Most fraud-prevention guidance advises owners and managers to monitor employees. But what exactly does this mean? Are you legally entitled to monitor employee computer use? What about security cameras in […]
‘Tis the Season for Charity — and Charity Fraud
Americans generally feel generous during the holidays and usually are eager to donate to worthy charitable causes. At the same time, they’re so busy and rushed with holiday activities they […]
Don’t Make Computer and Equipment Theft Easy
These days, many offices and other workspaces are nearly empty as employees work from home. This can make companies that don’t safeguard their computers, printers and other equipment vulnerable to […]
Is Your Business Vulnerable to Identity Theft?
According to data company Dun & Bradstreet, business identity theft increased more than 250% in the first half of 2020. You can thank the pandemic — and the government’s release […]
Fraud Controls Are Ineffective When Senior Managers Go Rogue
Senior Managers and Fraud Senior managers that override internal controls can make your company more vulnerable to fraud. This is true even when these managers have innocent intentions — for […]
No Season Is the Right Season for Ghost Employees and Other Payroll Scams
Ghost stories can be good fun, particularly this time of year. Ghost employees, on the other hand, are trouble for employers. They may be just as fictional as the paranormal […]
Welcome to 21st Century Forensic Accounting
Forensic accountants are engaged for a wide variety of assignments, among them investigating fraud, auditing internal controls and quantifying damages associated with legal disputes. All of these require attention to […]
Is Your Business Inadvertently Paying a Shell Company?
Not all shell companies are dishonest. Despite their often-sinister reputation, these paper-only companies may be used legitimately to hold another business’s assets. Or they may be the “empty container” left […]
