Category: Fraud

Annual fraud risk assessments can be very effective in finding obvious fraud threats and documenting internal controls that are in place to reduce them. However, if bad actors exploit them,

Fraud schemes are always evolving. As soon as fraud schemes are widely publicized and consumers and businesses learn to spot common scams, enterprising criminals change their tactics. So, even if

Cybercriminals are always looking for novel ways to gain unauthorized access to online accounts and IT networks. A newer scheme, password “spraying” is one that you and your IT department

Statistics on fraud rates in family-run businesses are scant. This is most likely because the majority of family enterprises keep incidents of financial malfeasance under wraps and don’t involve law

In 2025, cryptocurrency fraud could reach unprecedented levels. This is driven by an increased interest in cryptocurrency, little regulatory oversight, and the constant introduction of new coins. Fraud perpetrators no

Your organization must remain vigilant to prevent financial losses from occupational fraud. In a nutshell: Trust employees, but routinely verify they aren’t stealing. This includes salespeople who, if they’re unethical,

Digital forgeries produced by artificial intelligence (AI), called deepfakes, have blurred the line between reality and illusion. On the upside, AI-generated deepfakes have revolutionized special effects in motion pictures and

Whether you’re an entrepreneur seeking start-up funds or the owner of an established business that needs capital to make an acquisition or develop new product lines, be careful when looking

According to the Association of Certified Fraud Examiners, when one occupational fraud perpetrator pulls off a scam, the employer suffers a median loss of $75,000. However, when crooked individuals collude,

Business email compromise (BEC) has emerged as one of the most financially damaging online crimes. Organizations lost nearly $56 billion across approximately 305,000 incidents between October 2013 and December 2023,