the risk management blog

byLowers & Associates | December 11, 2019

Ah, complacency. That quiet sense of security or satisfaction with the status quo that prevents a person from acknowledging the potential dangers or risks around them. We become complacent about internal controls, believing our employees have always been trustworthy…

byLowers & Associates | December 04, 2019

A catastrophe, by definition, is an event that causes great and often sudden damage or suffering. Catastrophic events, such as those caused by natural disasters, are difficult, if not impossible, to fully predict yet recent events have shown us…

byLowers & Associates | November 22, 2019

We were proud to join the Association of Certified Fraud Examiners’ (ACFE) 2019 Fraud Awareness Week as an official supporter. Saturday, November 23, 2019 will conclude a weeklong effort by the ACFE to minimize the impact of fraud by…

byLowers & Associates | November 21, 2019

As the ACFE’s 2019 Fraud Awareness Week comes to a close, it’s a good time to create your plan for fraud prevention in the year ahead. These seven fraud prevention strategies, drawn from the 2018 Report to the Nations…

byLowers & Associates | November 20, 2019

Losses from occupational fraud topped $7 billion in 2017, according to the Association of Certified Fraud Examiners’ (ACFE) most recent global study on occupational fraud and abuse, 2018 Report to the Nations. The median loss for all cases in…