Tag: Fraud

Physicist Frank Benford first popularized Benford’s Law in 1938. In the fight against fraud, however, it’s a statistical concept that remains relevant even today. It was even cited as an

Friends and family discount abuse is an issue you may not always think about as a small business owner. Most small businesses oftentimes discount their services and products for their

As foreign tariffs begin to take effect, your company’s supply chain could become vulnerable to supply chain fraud. During the COVID-19 pandemic, due to supply shortages and an abrupt switch

Many organizations lack financial resources to protect their networks against cyberthreats, but you don’t need a large cybersecurity budget. There are simple, cost-effective habits you can adopt to help safeguard

If you or your managers suspect fraud is occurring in your organization, you can’t afford to wait to act. According to the Association of Certified Fraud Examiners, the longer an

Precious metal investments are surging in popularity — and for good reason. They’re commonly sold as a hedge against inflation and stock market volatility and as a financial refuge in

In many occupational fraud incidents, the perpetrator is a long-tenured, well-liked, and high-performing employee. In part, that’s because many organizations ignore red flags when employees have impeccable records — which

Almost all (98%) of respondents to a recent survey conducted by Creditsafe expressed concern about being victimized by vendor fraud. Unfortunately, most business owners and managers aren’t well informed about

One often overlooked aspect of workplace fraud is that not all employees do it for personal gain. Sometimes, it’s driven by loyalty, fear, or the mistaken belief that they’re helping

It’s the height of the construction season in most parts of the country and your business probably wants to make the most of it. But rising costs, worker shortages, international