When speaker Donald Tucker first arrived at the Sacramento Public Library as director of facilities in 2007, he noticed a large number of expensive repairs in the records. After researching the charges, he realized that they were not errors in the financial data, but gross overcharges for ...
The article focuses on the risks of non-profit organizations for fraud and discusses ways to prevent it. It is stated that misappropriation of assets and fraudulent reporting are threats to nonprofits. In ...
For an employee that can do the math right, there is a considerable window of fraud here. This can go unnoticed if the organization doesn’t have a powerful mileage tracking app or defined spending limits in their expense policies. Smartly done frauds are difficult to detect, as is the ...
The CERT/CC defines insider fraud as "an insider's use of IT for the unauthorized modification, addition or deletion of an organization's data (not programs or systems) for personal gain or the theft of information that leads to an identity crime." The U.S. Secret Service defines identity...
according to the Association of Certified Fraud Examiners. In 24 months, your company could lose tens or even hundreds of thousands of dollars, on top of the stress and morale damage fraud can cause. Knowing how to identify it, detect it and prevent it can save your organization's finances...
While static rule-based systems are straightforward and can quickly detect known fraud patterns, they have limitations. They tend to have varying requirements across business applications within an organization (such as loyalty point programs vs. reservations apps), making them cumbersome to maintain. ...
ad fraud is well on its way to becoming one of the largest organized crime businesses in the world,secondonly to the drug trade. “It's really the hi-tech, well-funded criminal networks that are presenting the greatest challenge to the digital advertising ecosystem,” said Mike Zaneis, Pres...
Vendor fraud is an issue merchants have to deal with that come in several levels of complexity. Here’s what you need to know to minimize fraudulent schemes.On this page What is vendor fraud? Who is at risk of vendor fraud Vendor fraud schemes How to detect and prevent vendor fraud Common...
How to detect and prevent click fraud; What services to use; Difference between click fraud and accidental clicks. What are accidental clicks? Accident clicks occur when a user is viewing and scrolling a website and accidentally clicks on a border of an image or a banner.According to the sta...
What increases the risk of AP fraud? Several factors can increase the risk of accounts payable fraud within an organization. Here are a few of the most common mistakes to avoid. Relying too much on trust Trusting employees is essential for a harmonious work environment. However, relying too he...