the risk management blog

All organizations are vulnerable to occupational fraud, and that fraud costs an enormous amount of money ($652 billion a year in the US according to ACFE research as summarized in this occupational fraud infographic).  As a result, a comprehensive…

According to ACFE estimates, fraud costs organizations fully 5% of annual top-line revenue. This enormous cost is serious enough, but it is compounded by the fact that fraud is a hidden crime that erodes an organization’s capacity from within….

Lowers Risk Group Joins Ranks of Supporters for Nov. 3-9 Awareness Campaign Organizations lose an estimated 5 percent of their annual revenues to fraud, according to a 2012 study by the Association of Certified Fraud Examiners (ACFE). To help…

This is a guest article from Andrew Carraway, Esquire, Attorney with Lowers & Associates In our current fast-paced business environment, it is getting harder and harder for a company to solely rely on its in-house staff to resolve legal…

A comprehensive Enterprise Risk Management (ERM) strategy can help protect your reputation by preventing events that damage it. Reputation is an intangible asset. Much research and many seasoned observers agree that a good reputation enhances customer loyalty and purchase…