the risk management blog

In #OurStory this week, Keith Gray blends insights from an epic eight-figure fraud with a few lesser examples to highlight how both people and process actually ALLOW fraud to happen within the Long Tail of the Fraud Triangle.

Disclaimer: Portions of this conversation have been edited for length and clarity, and certain locations and details have been modified for privacy reasons. A professional fraudster demonstrates, over time, more wins than losses, presuming s/he can stay out of…

Daniel Cootes, AIExpE and Client Relationship & Operations Manager for Lowers & Associates UK office, shares some insights into his experience assessing an operation in Asia whose SOPs weren’t so much incorrect but existed in an environment where uncertainty was not a risk the insurer was willing to ignore.

Brad Moody tells a story of social engineering fraud that, had the CEO created the culture of a high-reliability organization, may have had a different outcome.

Business Continuity Plans (BCPs) are funny things. At their most basic, BCPs are the real-world response to the old “Hope for the best, Plan for the worst” adage.  It’s honest recognition that being stuck between a rock and hard…