the risk management blog
Today is day 4 of our Fraud Awareness Week series, Fraud Stories and Lessons Learned. Jenn Wolfgang, Account Manager for Lowers & Associates, shares the story of a monthly subscription e-commerce startup who had come to Lowers & Associates…
Today is day 3 of our Fraud Awareness Week series, Fraud Stories and Lessons Learned. Tom Dolan, Manager of Claims & Research for Lowers & Associates, shares his story of a $10M billing fraud scheme he and the L&A…
“Virtual currencies, perhaps most notably Bitcoin, have captured the imagination of some, struck fear among others and confused the heck out of the rest of us — including me.” – Senator Tom Carper, chair of the Senate Homeland Security…
According to the Association of Certified Fraud Examiners (ACFE), a single case of occupational fraud costs the victim organization an average of more than $1.5 million, and Certified Fraud Examiners (CFEs) estimate that organizations lose 5% of their revenues…
In 2019, there were an estimated 1.2 million violent crimes and almost 7 million property crimes in the U.S. While these numbers appear staggering, when compared with YOY estimates for 2018, robbery offenses in 2019 fell 4.7%, burglaries dropped…