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 ...

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

Walmart has agreed to pay $10 million to settle Federal Trade Commission (FTC) allegations that it allowed scammers to use ...

Walmart has agreed to pay $10 million to settle allegations by the FTC that it allowed scammers to exploit its in-store money transfer services.

Key Takeaways A Hong Kong employee at Arup was tricked into transferring HK$200 million via a deepfake video call.Over 50% of ...

Upskill workforces to detect and report fraud before it escalates. The most powerful fraud prevention tool HR can offer is training. According to the Cifas study, 77% of businesses have already ...

The credit union continues to offer the Institute of Gerontology's financial vulnerability survey to new members ages 50 and older and offer training to its employees.

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.

Online crooks and fraudsters snagged a staggering $12.5 billion from unwitting consumers in 2024, setting yet another record, according to the latest data from the Federal Trade Commission.