Effective and integrity-driven employee recruitment processes are crucial for the success and continuity of a company. One critical step in this process is conducting an employment check, which is part of a pre-employment background screening. Employment checks involve verifying information related to the candidate's previous position at their former company, the...
In cases of occupational fraud, the perpetrators not only devise intricate schemes to deceive organizations but also employ various techniques to conceal their illicit activities. One such technique is data manipulation. This technique is prevalent in major fraud cases such as Enron, Theranos, Olympus, and a recent case in Indonesia: the...
In September of 2017, United States citizens were surprised by the hacking of Equifax, the company's provider of reports and credit scores. A total of 143 million credit card user data was exposed, which includes the cardholder's name, social security number, birth date, address, and driver's license number. The attackers exploited...
While the world celebrates World Environment Day on 5th June every year, this year (2022) came with a new theme, "Only One Earth", which advocates for transformative environmental change on a global scale. This resulted in a significant shift in the business sector, where an increasing number of companies were...
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...
In May 2018, for the first time, the Corruption Eradication Commission (KPK) established a corporation as a perpetrator of money laundering. KPK named PT Putra Ramadhan or PT Tradha as a corporate suspect. The corporate suspect is a continuation of the investigation of Muhammad Yahya Fuad as the corporate controller who...
Fake document service providers are unceasingly growing in number. Counterfeiting of educational certificates is already something common nowadays, and the practice has developed to include falsifying reference letters (or playing). Counterfeiters are increasingly becoming bold, and they openly advertise these services on social media platforms. Below is a counterfeiter who advertises...
Often, fraud is committed by employees, managers, and third parties. However, company owners or executives can also commit fraud. Even though it only ranks third among fraud perpetrators at 20% of fraud cases, the Report to the Nations 2020 shows that executive fraud or fraud committed by executives has caused...
Has your company requested the candidates’ consent prior to the pre-employment screening? In Indonesia, the protection of personal data is referred to The Minister of Communication and Information Technology Regulation No. 20 of 2016 concerning The Protection of Personal Data (PPD). PDD regulation is considered to be another challenge for...
Report to The Nation 2020 notes that the category of asset misappropriation ranks first as the most frequent occupational fraud, with a percentage of 86%. In this category, there are several methods used by fraudsters. The most frequently used methods are billing schemes which count as 20% of these cases,...
