Most companies either use some form of pre-employment screening background checks or they agree that they should. In sharp contrast, most businesses think very little of the idea of vendor screening or vendor background checks. In reality, one or two “bad” vendors can do tremendous damage to your business if not put you out of … Read more

Asset misuse by employees poses a wide variety of threats to the average employer, particularly when its at the hands of your own employees. In some instances, its as simple as one employee misusing the company computer system and violating an employee permissive use policy. Other times it is limited to the theft of office … Read more

On paper, it sounds like a great idea. Create a database of retail employees who are accused of theft and have its contents freely shared with other retailers. Two problems: One, what if the information is flawed, if employees who “confessed” actually argued that they were innocent, and what if this information is being used … Read more

Strikes, political instability, cyber security and corruption have emerged as the biggest risks facing India’s booming business sector, but terrorism, natural disasters and crimes against women are also perceived as key threats, a new survey says. The India Risk Survey 2013, conducted by a corporate risk management firm, has found that while India is seen as one … Read more

Social-media technologies offer plenty of ways for your company to gain valuable insights about your customers and industry, but they can also give competitors an up-close-and-personal view into your employees’ ideas and your company’s product plans, as well as its relationships with customers or clients. The Harvard Business Review published this excellent topic of interest … Read more

Recent figures released by the Fraud Prevention Service revealed a 52% increase in fraud committed by employees in the first half of 2012. The prevailing theory as to why businesses have experienced such a dramatic increase in theft from their own employees is that it is due to the economic downturn. Job insecurity, a lack of employee engagement … Read more

As corporate fraud falls around the world, the percentage of fraud committed by corporate insiders is climbing, a new survey reports. The study, commissioned by risk consulting firm Kroll Advisory Solutions, found 67% of firms that had at least one incident of fraud in the past year laid the blame on insiders such as junior … Read more

Below is yet another story of a business that is alleging a former employee stole intellectual property. As more companies develop proprietary software and applications, they are realizing that this type of  “property” is easy to copy and remove. With so much to lose, it more important than ever to monitor who is accessing critical applications and … Read more

A USDOJ press release issued September 20, 2012 states that a Detroit-area doctor was charged and arrested today in the Eastern District of Michigan for his alleged leading role in a $40 million Medicare fraud scheme involving physician home visits and home health services, announced the Department of Justice, the Department of Health and Human Services (HHS), the FBI … Read more