Corporate leaks of classified or sensitive information are prone to occur, ranging from simple human mistakes to full-blown dataset hacks. Companies need to be aware of such risks. A number of research centers specializing in data security found that employee negligence caused major insider data breaches in the last two years. A...
The Environment, Social, and Governance (ESG) standard has become a hot topic widely discussed by the public, in company board meetings, audit committees, investor forums, and other forums all around the world. The pandemic, which taught important lessons about the importance of sustainable ecosystems, was one of the catalysts that...
Pre-employment background screenings have been a critical part of the recruitment process. While background screenings help employers verify the information candidates provide on their resumes, it can also help employers understand and predict candidates’ behaviors. Since it is related to risk minimization, behavior has become an important parameter in candidate assessment....
While the public's memory of the Dieselgate mega scandal of 2015 remains fresh in their minds, a similar scandal recently unfolded involving a Japanese automaker, Hino. In early March 2022, at the request of the relevant authorities, this Toyota subsidiary conducted an internal investigation and disclosed findings of fraudulent emission...
With the growth of consumer awareness and support for ecological, environmental, and human issues, the term “sustainability” is no longer just a marketing gimmick—it has become an important corporate strategy. The main form of this strategy is the management of a company's CSR (Corporate Social Responsibility) program. CSR is a program...
People trust LinkedIn as a reputable professional networking platform. However, this networking platform is still susceptible to fraud. According to the FBI, the networking platform has become a breeding ground for crypto fraudsters, which poses a significant threat to both the platform and users. Crypto fraud has been a lucrative business....
One of the implications of globalization is the growing threat of human rights violations and environmental degradation caused by commercial activities. The good news is that more and more organizations are recognizing the necessity of committing to the principles of a sustainable business model by adhering to more responsible standards...
The tide is progressively moving in favor of marijuana legalization worldwide. Amsterdam was once the city most associated with marijuana-related legal laws, but numerous nations are now following in its footsteps—both with the decriminalization and legalization of marijuana, to certain extents. The majority of these countries are western countries, including...
Occupational fraud is most likely the most expensive and widespread financial crime worldwide according to the 2022 Report to the Nations. Occupational fraud refers to the fraud perpetrated by employees against their employers. There are three major types of occupational fraud: asset misappropriation, corruption, and financial statement fraud. With the advancement...
Does your organization have a strategy to fight fraud? Since the risks of fraud cannot be underestimated, it is not enough just to detect and investigate fraud. Fraud can never be eliminated from business entirely, simply because collusion can always overcome normal organizational controls. To combat fraud, an organization needs...
