If your employees can recognize social engineering and business email compromise attacks, spot phishing emails, identify fake ...

When it comes to fraud prevention, most companies rush to invest in software, threat detection systems, audit automation ...

According to the Occupational Fraud 2024 report by the Association of Certified Fraud Examiners (ACFE), the median global loss due to employee fraud was $145,000. For companies with fewer than 100 ...

Between 2013 and 2015, a fraudster named Evaldas Rimasauskas posed as an employee of Quanta, a legitimate vendor for both Facebook and Google. ... Best Practices for Effective Anti-Fraud Training.

The post Training and technology can mitigate fraud risk appeared first on FreightWaves. ... “The biggest priority is to do due diligence and get regular training for your entire employee base ...

Hamilton is ramping up anti-fraud training for staffers after a probe into the loss of $274,000 to a “vendor impostor” email scam. The city has actually lost more than $800,000 to three ...

The training contains an 8-minute online fraud training program. Training must then be repeated every four years for employees. Per the AOS, the timeline that this training must be completed is as ...

They can also sue the employee to recover damages caused by the fraud. “You have the evidence that you think you're satisfied with, but you still have to prove it in a court of law,” she says.

That’s why I’m pushing for annual fraud training, with real accountability. Employees will be required to sign a statement acknowledging the consequences of failing to report fraud.