With all kinds of legal, functional, technological security mechanisms in place, no business is absolutely secure from fraud. In fact, according to ACFE’s report in 2016, businesses lose an estimate of about 5% of their revenues to fraud each year. From employee theft and embezzlement to …
Fraud Articles and Interviews (tag)
4 Best Practices to Help Protect Your Business from Identity Theft
With more than 500 identities stolen every year, identity theft has become an uncontrollable epidemic, but thankfully there are a number of things you can do to protect yourself. It isn’t just individuals falling victim to these callous crimes either, businesses are also susceptible to identity …
How to Protect Your Small Business from B2B Scams
When it comes to scams, there’s certainly no shortage of the number of things that some individuals will do to defraud others. Between credit card fraud, identity theft, lottery scams, and every other action that dishonest people take at the expense of innocent victims, you must always be aware of …
You Can Do More Than Hope it Never Happens to You: Tips for Preventing Employee Fraud
As a small business owner, you may think you are impervious to employee fraud. The carefully developed culture of many small businesses is one of “family.” You don’t steal from your family, do you? Unfortunately, employee theft is a very real problem for small businesses. The Association of …
