Various sources state that approximately 10% of all insurance claims involve fraud. Then, insurers generally pass along the fraud costs to policyholders in the form of higher premiums. Unfortunately, organizations
It can be stressful when you don’t know if your business will receive what a liquidating creditor owes it. Liquidating companies come by their financially distressed situations honestly, in most
‘Return season,’ is here for many retailers. For them, a new year means customers returning unwanted holiday gifts for refunds or exchanges. Return season can be overwhelming for businesses if,
According to the biannual Association of Certified Fraud Examiners “Report to the Nations”, the longer fraud schemes remain undetected, the greater the losses for the victimized organizations. The 2022 report
Reference checking company, Checkster, reports that 78% of job candidates misrepresent (or have considered misrepresenting) themselves during the hiring process. In addition, ResumeLab, a career advice company, found that 56%
Invoice fraud can be difficult to recover from and be even more challenging to spot. According to a survey from Census Wide and Medius, businesses lose an average of $300,000
It can take time for the public to learn how new technologies work when they emerge. Despite NFTs first appearing in 2014, many are still confused about what they are
Imagine you’ve got your eye on a business that seems like an attractive investment or acquisition target. It boasts strong earnings, competitive growth estimates, and a clean balance sheet. But
In most companies, employees need a user identity to access work-related hardware and software. Privileges to use certain applications or open certain files usually are provided to workers based on
Any form of identity theft can be costly, unsettling, and take months — sometimes years — to fully recover from and repair. But tax-related identity theft can be particularly disturbing
