Do you dread getting phone calls from unfamiliar sources? It seems that callers are more likely to be aggressive solicitors, pushy telemarketers or even devious con artists than legitimate business people. Criminals typically target the elderly, disabled people or immigrants, threatening them with fines, penalties or deportation if they don't make payments to the callers. In some cases, unsuspecting victims lose their entire life savings. … [Read more...]
Protect Your Company Against Business Theft
The effects of theft on a business can be devastating, whether it comes from the inside or the outside. Burglars, shoplifters, hackers and others on the outside siphon off profits. Some dishonest employees pilfer goods or cash from within. And unscrupulous business partners and managers may use a variety of accounting tricks to mask theft. Businesses on narrow margins are particularly vulnerable, as are companies that deal with a lot of cash on … [Read more...]
Fraud Alert: The ACFE Puts a Spotlight on White Collar Crime
The average organization loses 5% of its annual revenues to fraud, according to the 2016 Report to the Nations on Occupational Fraud and Abuse published by the Association of Certified Fraud Examiners (ACFE). Bear in mind, that's the top line of your income statement, not the bottom. So, for every $1 million in annual revenue, your company is expected to lose an average of $50,000 to thieves. … [Read more...]
Take Steps To Protect Your Information From Cyber Criminals
A man registers online for a fantasy football league, unaware of a shock ahead. The site requires him to create a user ID and password, so he uses the one he always uses: his email address for his user ID and his birthdate followed by his initials (lower-case) for his password. After registering, he logs in, pays the registration fee with a credit card, and starts playing. … [Read more...]
