the risk management blog

[New Whitepaper] Occupational Fraud: What You Need to Know

byLowers & Associates | July 14, 2016

 

Occupational fraud is a common problem. It is even more common than most businesses know, since many incidents are never even detected. When fraud hits, a business can be devastated by the financial costs, along with damage to morale and reputation. The costs are massive.

The 2016 Association of Certified Fraud Examiners (ACFE) report cites more than $6.3 billion in damages from a survey set of 2,410 businesses. Global losses from 2015 are projected at more than $3.7 trillion, with median losses around $150,000 per incident.

Our latest whitepaper, Occupational Fraud: A Hidden Killer of Organizational Performance, provides an in-depth look at the complexities of occupational fraud, so you can prevent, detect, minimize, and/or recover from it.

Start with education and STOP fraud in its tracks:

Occupational-Fraud-Ebook-button

 

 

ABOUT THE AUTHOR

Lowers & Associates

Lowers & Associates provides comprehensive enterprise risk management solutions to organizations operating in high-risk, highly-regulated environments and organizations that value risk mitigation.

View all posts by Lowers & Associates >