fraud-prevention controls

Laws not enough to stop fraud

December 5, 2011 Adam Gorley Employee Relations, Human Resources, Privacy and Security

A recent US survey finds that “Business losses due to fraud increased 20% in the last 12 months, from $1.4 million to $1.7 million per billion dollars of sales. … 88% of the respondents reported being victims of corporate fraud over the past 12 months.” Does this worry you?

business fraud, corporate malfeasance, embezzlement, fraud, fraud-prevention controls, information theft, preventing fraud, risk management