the risk management blog
The Association of Certified Fraud Examiners 2018 Report to the Nations on Occupational Fraud and Abuse offers a treasure trove of data you can use to assess how your organization’s fraud profile stacks up against other organizations in terms…
You discover your erstwhile trusted employee has been skimming funds to support a gambling habit. What do you do? Your first response is possibly unprintable, and understandably so. Your cooler head will prevail, and look at a small series…
Fraud costs organizations worldwide an estimated 5 percent of their annual revenues, according to a study conducted by the Association of Certified Fraud Examiners (ACFE). The ACFE’s 2018 Report to the Nations on Occupational Fraud and Abuse analyzed 2,690…
Interactive Teller Machines (ITMs) present a win-win for customers and banks alike. These machines offer new levels of automation, allowing banks to efficiently deliver a wide range of banking services. ITMs free up teller lines for higher level services,…
It’s no secret that Latin America has suffered its fair share of cyberattacks, but the extent of the damage might be worse than many have imagined. In a 2018 study of cybercrime by the Organization of American States (OAS),…